Gerstner Bradley 4
4 · Orbitz Worldwide, Inc. · Filed Jun 14, 2012
Insider Transaction Report
Form 4
Gerstner Bradley
Director
Transactions
- Award
Common Stock
2012-06-12+27,397.26→ 135,357.082 total
Holdings
- 111,000(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]Represents restricted stock units granted under the Orbitz Worldwide, Inc. Non-Employee Directors Deferred Compensation Plan. Each restricted stock unit represents a right to receive one share of Orbitz Worldwide, Inc. (the "Company") common stock, par value $0.01 per share, on the one-year anniversary of the date of the grant. The restricted stock units are immediately vested and non-forfeitable.
- [F2]These shares are directly owned by Altimeter Partners Fund, L.P. Altimeter Capital Management LLC has voting and dispositive power over the shares owned by Altimeter Partners Fund, L.P. Mr. Gerstner is the chief executive officer and sole owner of Altimeter Capital Management LLC.