Orbitz Worldwide, Inc. 4
4 · Orbitz Worldwide, Inc. · Filed Apr 2, 2015
Insider Transaction Report
Form 4
Gerstner Bradley
Director
Transactions
- Award
Common Stock
2015-03-31+2,411→ 197,889.752 total
Holdings
- 111,000(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]Represents deferred restricted stock units ("DSUs"). The DSUs are immediately vested and non-forfeitable.
- [F2]Includes both DSUs and shares of issued and outstanding common stock of Orbitz Worldwide, Inc. (the "Company"). Each DSU represents a right to receive one share of the Company's common stock on either (i) a date following the termination of the reporting person's service on the Company's Board of Directors for any reason, or (ii) the one-year anniversary date of the grant.
- [F3]These shares are directly owned by Altimeter Partners Fund, L.P. Altimeter Capital Management LLC has voting and dispositive power over the shares owned by Altimeter Partners Fund, L.P. Mr. Gerstner is the Chief Executive Officer and sole owner of Altimeter Management Company LLC.