4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001394159-13-000264
CIK 0001394159operating
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 5:29 PM ET
Size
11.7 KB
Accession
0001394159-13-000264
Insider Transaction Report
Form 4
Tamar Tamer
President, ebookers
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-07-30−46,375→ 41,125 totalExp: 2013-07-30→ Common Stock (46,375 underlying) - Tax Payment
Restricted Stock Units
2013-07-30−41,125→ 0 totalExp: 2013-07-30→ Common Stock (41,125 underlying) - Exercise/Conversion
Common Stock
2013-07-30+46,375→ 68,837 total - Sale
Common Stock
2013-07-31$9.46/sh−34,781$328,993→ 34,056 total
Footnotes (7)
- [F1]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.
- [F2]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2013.
- [F3]Shares were sold in a series of transactions within the same trading day at prices ranging from $9.410 to $9.590. 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.
- [F4]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
- [F5]The restricted stock units vest in four equal installments on July 30, 2010, 2011, 2012 and 2013.
- [F6]The restricted stock units reported as disposed herein were settled for shares of the Company's common stock.
- [F7]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of such units.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001394159
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 5:29 PM ET
- Size
- 11.7 KB