Orbitz Worldwide, Inc. 4
4 · Orbitz Worldwide, Inc. · Filed Jun 14, 2013
Insider Transaction Report
Form 4
BRITTON MARK S
Director
Transactions
- Award
Common Stock
2013-06-12+12,889.92→ 78,689.39 total - Sale
Common Stock
2013-06-13$7.64/sh−10,959$83,738→ 67,730.39 total
Footnotes (3)
- [F1]Represents DSUs only.
- [F2]Represents reporting person's holdings of both (i) restricted stock units granted under the Orbitz Worldwide, Inc. Non-Employee Directors Deferred Compensation Plan ("DSUs") and (ii) shares of issued and outstanding common stock of the Company, if any. Each DSU represents a right to receive one share of the Company's common stock, par value $0.01 per share, on a date following the date upon which the holder's service as a member of the Company's Board of Directors terminates for any reason or, in some cases, the one-year anniversary date of the grant. The DSUs are immediately vested and non-forfeitable.
- [F3]Shares were sold in a series of transactions within the same trading day at prices ranging from $7.440 to $7.780. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.