4//SEC Filing
Belmont David 4
Accession 0001179110-12-010496
CIK 0001394159other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 9:06 PM ET
Size
9.8 KB
Accession
0001179110-12-010496
Insider Transaction Report
Form 4
Belmont David
GVP and Interim CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-06-14−6,169→ 27,000 totalExp: 2015-06-14→ Common Stock (6,169 underlying) - Tax Payment
Restricted Stock Units
2012-06-14−2,831→ 33,169 totalExp: 2015-06-14→ Common Stock (2,831 underlying) - Exercise/Conversion
Common Stock
2012-06-14+6,169→ 53,690 total
Footnotes (4)
- [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]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. 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.
- [F4]The restricted stock units vest annually over four years on June 14, 2012, 2013, 2014 and 2015.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeother
Related Parties
1- filerCIK 0001551461
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 9:06 PM ET
- Size
- 9.8 KB