Orbitz Worldwide, Inc. 4
4 · Orbitz Worldwide, Inc. · Filed Mar 6, 2015
Insider Transaction Report
Form 4
Fulton Samuel M
SVP, Retail
Transactions
- Exercise/Conversion
Common Stock
2015-03-04+6,433→ 137,148 total - Tax Payment
Common Stock
2015-03-04$11.62/sh−2,001$23,252→ 135,147 total - Exercise/Conversion
Restricted Stock Units
2015-03-04−6,433→ 19,302 totalExp: 2018-03-04→ Common Stock (6,433 underlying)
Footnotes (6)
- [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]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
- [F4]The RSUs reported as disposed herein were settled for shares of the Company's common stock.
- [F5]The RSUs vest annually over four years on March 4, 2015, 2016, 2017 and 2018.
- [F6]Excludes previously granted RSUs and performance-based RSUs with different terms, the ownership of which was previously reported on Form 3, 4 or 5.