4//SEC Filing
Belmont David 4
Accession 0001179110-12-010051
CIK 0001394159other
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 6:56 PM ET
Size
12.7 KB
Accession
0001179110-12-010051
Insider Transaction Report
Form 4
Belmont David
GVP and Interim CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-06-02−2,399→ 0 totalExp: 2014-06-02→ Common Stock (2,399 underlying) - Exercise/Conversion
Common Stock
2012-06-02+2,399→ 49,920 total - Tax Payment
Restricted Stock Units
2012-06-02−1,101→ 2,399 totalExp: 2014-06-02→ Common Stock (1,101 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a right to receive, in the sole discretion of the Board of Directors of Orbitz Worldwide, Inc. (the "Company"), either (i) one share of the Company's common stock as of the vesting date, or (ii) cash equal to the fair market value of one share of the Company's common stock as of the vesting date.
- [F2]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
- [F3]The restricted stock units were granted in satisfaction of the performance requirement and vest annually over four years on June 2, 2011, 2012, 2013 and 2014.
- [F4]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F5]The restricted stock units reported as disposed herein were settled for shares of the Company's common stock.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeother
Related Parties
1- filerCIK 0001551461
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 6:56 PM ET
- Size
- 12.7 KB