Orbitz Worldwide, Inc. 4
4 · Orbitz Worldwide, Inc. · Filed Jun 14, 2013
Insider Transaction Report
Form 4
Brand Martin
Director
Transactions
- Award
Common Stock
2013-06-12+12,889.92→ 0 total(indirect: See footnote)
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. Mr. Brand is a Managing Director of The Blackstone Group, L.P., which is affiliated with Blackstone Managment Partners L.L.C. Mr. Brand disclaims beneficial ownership of securities of the Company held by Blackstone Management Partners L.L.C. except to the extent of his pecuniary interest, if any.