Orbitz Worldwide, Inc. 4
4 · Orbitz Worldwide, Inc. · Filed Nov 5, 2013
Insider Transaction Report
Form 4
Tamar Tamer
President, ebookers
Transactions
- Exercise/Conversion
Common Stock
2013-11-01+18,750→ 52,806 total - Exercise/Conversion
Restricted Stock Units
2013-11-01−18,750→ 46,500 totalExp: 2015-11-01→ Common Stock (18,750 underlying) - Tax Payment
Common Stock
2013-11-01$9.05/sh−8,813$79,758→ 43,993 total
Footnotes (4)
- [F1]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.
- [F2]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
- [F3]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.
- [F4]The restricted stock units vest annually over four years on November 1, 2012, 2013, 2014 and 2015.