4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001394159-15-000039
CIK 0001394159operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:28 PM ET
Size
11.2 KB
Accession
0001394159-15-000039
Insider Transaction Report
Form 4
Kram Thomas L
GVP, Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2015-03-04$11.62/sh−987$11,469→ 24,941 total - Exercise/Conversion
Common Stock
2015-03-04+3,217→ 25,928 total - Sale
Common Stock
2015-03-05$11.62/sh−1,472$17,102→ 23,469 total - Exercise/Conversion
Restricted Stock Units
2015-03-04−3,217→ 9,653 totalExp: 2018-03-04→ Common Stock (3,217 underlying)
Footnotes (8)
- [F1]Each restricted stock unit ("RSU") 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 shares of common stock underlying the RSUs 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 $11.61 to $11.63. 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.
- [F6]The RSUs reported as disposed herein were settled for shares of the Company's common stock.
- [F7]The RSUs vest annually over four years on March 4, 2015, 2016, 2017 and 2018.
- [F8]Excludes previously granted 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
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:28 PM ET
- Size
- 11.2 KB