4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001394159-14-000061
CIK 0001394159operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:48 PM ET
Size
14.2 KB
Accession
0001394159-14-000061
Insider Transaction Report
Form 4
Orton Christopher
SVP and CMO
Transactions
- Tax Payment
Common Stock
2014-02-20$8.92/sh−5,871$52,369→ 74,941 total - Exercise/Conversion
Common Stock
2014-02-20+33,750→ 87,173 total - Exercise/Conversion
Peformance-Based Restricted Stock Units
2014-02-20−33,750→ 101,250 totalExp: 2017-02-20→ Common Stock (33,750 underlying) - Exercise/Conversion
Restricted Stock Units
2014-02-20−11,250→ 33,750 totalExp: 2017-02-20→ Common Stock (11,250 underlying) - Exercise/Conversion
Common Stock
2014-02-20+11,250→ 80,812 total - Tax Payment
Common Stock
2014-02-20$8.92/sh−17,611$157,090→ 69,562 total
Footnotes (6)
- [F1]Each unit represents a right to receive, in the sole discretion of the Board of Directors of 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]The underlying shares of common stock 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.
- [F3]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
- [F4]The units reported as disposed herein were settled for shares of the Company's common stock.
- [F5]The performance-based restricted stock units were granted in satisfaction of the performance requirement and vest annually over four years on February 20, 2014, 2015, 2016 and 2017.
- [F6]The restricted stock units vest annually over four years on February 20, 2014, 2015, 2016 and 2017.
Documents
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001394159
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 5:48 PM ET
- Size
- 14.2 KB