GRIFFITH WILLIAM 4
4 · Orbitz Worldwide, Inc. · Filed Jul 5, 2011
Insider Transaction Report
Form 4
GRIFFITH WILLIAM
Director
Transactions
- Award
Common Stock
2011-06-30+7,732→ 193,220 total(indirect: TCV VI Management, L.L.C.)
Holdings
- 996,845(indirect: TCV VI (Cayman), L.P.)
Common Stock
- 7,861(indirect: TCV Member Fund (Cayman), L.P.)
Common Stock
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs") that were granted on June 30, 2011 under the Orbitz Worldwide, Inc. (the "Company") Non-Employee Director Deferred Compensation Plan (the "Plan"). Each RSU represents a right to receive one share of the Company's common stock on the date immediately following the date upon which the Reporting Person's services as a member of the Company's Board of Directors terminate for any reason. The RSUs are immediately vested and non-forfeitable. The grant of RSUs is part of William J.G. Griffith's ("Mr. Griffith") compensation as a non-employee member of the Company's Board of Directors.
- [F2]These RSUs are held directly by TCV VI Management, L.L.C. ("TCV VI"). Mr. Griffith is a Member of TCV VI and may be deemed to share voting and dispositive power over the RSUs held by TCV VI. Mr. Griffith disclaims beneficial ownership of such RSUs held by TCV VI except to the extent of his pecuniary interest therein.
- [F3]These shares are held directly by TCV VI (Cayman), L.P. Mr. Griffith is a director of Technology Crossover Management VI (Cayman), Ltd., which is the general partner of Technology Crossover Management VI (Cayman), L.P. Technology Crossover Management VI (Cayman), L.P. is the general partner of TCV VI (Cayman), L.P. Mr. Griffith disclaims beneficial ownership of such shares held by TCV VI (Cayman), L.P. except to the extent of his pecuniary interest therein.
- [F4]These shares are held directly by TCV Member Fund (Cayman), L.P. Mr. Griffith is a director of Technology Crossover Management VI (Cayman), Ltd., which is the general partner of TCV Member Fund (Cayman), L.P. Mr. Griffith is also a limited Partner of TCV Member Fund (Cayman), L.P. Mr. Griffith disclaims beneficial ownership of such shares held by TCV Member Fund (Cayman), L.P. except to the extent of his pecuniary interest therein.