Brand Martin 4
4 · Orbitz Worldwide, Inc. · Filed Jun 14, 2012
Insider Transaction Report
Form 4
Brand Martin
Director
Transactions
- Award
Common Stock
2012-06-12+27,397.26→ 0 total(indirect: See footnote)
Holdings
- 25,000
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 date of the date of grant. The restricted stock units are immediately vested and non-forfeitable.
- [F2]These restricted stock units are held by Blackstone Management Partners L.L.C., the Investment Advisor to certain of the Blackstone entities for which Blackstone Capital Partners (Cayman) V L.P., Blackstone Capital Partners (Cayman) V-A L.P., BCP (Cayman) V-S L.P. and BCP V Co-Investors (Cayman) L.P. serve as alternative investment vehicles. Mr. Brand is a Managing Director of The Blackstone Group, L.P., which is affiliated with investment funds that hold securities of the Company. Mr. Brand disclaims beneficial ownership of securities of the Company held by Blackstone Management Partners L.L.C. and such investment funds.