4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001394159-15-000025
CIK 0001394159operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 6:06 PM ET
Size
16.2 KB
Accession
0001394159-15-000025
Insider Transaction Report
Form 4
Kram Thomas L
GVP, Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2015-02-20$11.58/sh−3,264$37,797→ 26,002 total - Exercise/Conversion
Common Stock
2015-02-20+9,375→ 29,266 total - Exercise/Conversion
Common Stock
2015-02-20+3,125→ 29,127 total - Exercise/Conversion
Performance-based Restricted Stock Units
2015-02-20−9,375→ 18,750 totalExp: 2017-02-20→ Common Stock (9,375 underlying) - Tax Payment
Common Stock
2015-02-20$11.58/sh−944$10,932→ 28,183 total - Sale
Common Stock
2015-02-23$11.54/sh−5,472$63,141→ 22,711 total - Exercise/Conversion
Restricted Stock Units
2015-02-20−3,125→ 6,250 totalExp: 2017-02-20→ Common Stock (3,125 underlying)
Footnotes (8)
- [F1]Each 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]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]This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2014.
- [F4]Shares were sold in a series of transactions within the same trading day at prices ranging from $11.530 to $11.550. 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.
- [F5]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
- [F6]The units reported as disposed herein were settled for shares of the Company's common stock.
- [F7]The units vest annually over four years on February 20, 2014, 2015, 2016 and 2017.
- [F8]Excludes previously granted restricted stock units (RSUs) and performance-based RSUs with different terms, the ownership of which was previously reported on Form 3, 4 or 5.
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, 6:06 PM ET
- Size
- 16.2 KB