Nelson Mike 4

Accession 0001179110-12-010499

CIK 0001394159other

View on SEC.gov Company Profile

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 9:09 PM ET

Size

16.4 KB

Accession

0001179110-12-010499

Insider Transaction Report

Form 4

Period: 2012-06-14

Orbitz Worldwide, Inc.OWW

Nelson Mike

Pres., Partner Services Group

Transactions

Tax Payment
Performance-Based Restricted Stock Units
2012-06-14−6,684→ 78,316 total
Exp: 2015-06-14→ Common Stock (6,684 underlying)
Exercise/Conversion
Performance-Based Restricted Stock Units
2012-06-14−14,566→ 63,750 total
Exp: 2015-06-14→ Common Stock (14,566 underlying)
Exercise/Conversion
Common Stock
2012-06-14+14,566→ 128,281 total
Tax Payment
Restricted Stock Units
2012-06-14−5,111→ 59,889 total
Exp: 2015-06-14→ Common Stock (5,111 underlying)
Exercise/Conversion
Restricted Stock Units
2012-06-14−11,139→ 48,750 total
Exp: 2015-06-14→ Common Stock (11,139 underlying)
Exercise/Conversion
Common Stock
2012-06-14+11,139→ 139,420 total

Footnotes (8)

[F1]Each performance-based restricted stock unit represents a contingent right to receive, in the sole discretion of the Board of Directors of 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]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]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
[F4]The performance-based restricted stock units were granted in satisfaction of the performance requirement and vest annually over four years on June 14, 2012, 2013, 2014 and 2015.
[F5]The shares of common stock underlying the performance-based restricted stock units were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of such units.
[F6]The performance-based restricted stock units reported as disposed herein were settled for shares of the Company's common stock.
[F7]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 and disposed herein were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of such units.
[F8]The restricted stock units vest annually over four years on June 14, 2012, 2013, 2014 and 2015.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

Orbitz Worldwide, Inc.

CIK 0001394159

→

Entity typeother

Related Parties

filerCIK 0001406177

Filing Metadata

Form type: 4
Filed: Jun 17, 8:00 PM ET
Accepted: Jun 18, 9:09 PM ET
Size: 16.4 KB

View on SEC.gov