Belmont David 4
4 · Orbitz Worldwide, Inc. · Filed Jun 14, 2012
Insider Transaction Report
Form 4
Belmont David
GVP and Interim CFO
Transactions
- Award
Restricted Stock Units
2012-06-12+60,000→ 60,000 totalExp: 2016-06-12→ Common Stock (60,000 underlying)
Footnotes (3)
- [F1]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
- [F2]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.
- [F3]The restricted stock units vest annually over four years on June 12, 2013, 2014, 2015 and 2016.