Marcus Mitchell 4
4 · Orbitz Worldwide, Inc. · Filed Nov 13, 2012
Insider Transaction Report
Form 4
Marcus Mitchell
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2012-11-12+475,000→ 475,000 totalExercise: $0.00Exp: 2016-11-12→ Common Stock (475,000 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 one share of the Company's common stock, par value $0.01 per share, as of the applicable vesting date, or cash equal to the fair market value of one share of the Company's common stock as of the applicable vesting date.
- [F3]The restricted stock units vest annually in equal installments over four years on November 12, 2013, 2014, 2015 and 2016.