Orbitz Worldwide, Inc. 4

4 · Orbitz Worldwide, Inc. · Filed Jun 16, 2015

Form 4

Period: 2015-06-12

SVP, Retail

Transactions

Exercise/Conversion
Performance-based Restricted Stock Units
2015-06-12−30,000→ 30,000 total
Exp: 2016-06-12→ Common Stock (30,000 underlying)
Tax Payment
Common Stock
2015-06-12$11.37/sh−25,136$285,796→ 150,171 total
Exercise/Conversion
Common Stock
2015-06-12+55,000→ 175,307 total
Exercise/Conversion
Restricted Stock Units
2015-06-12−3,750→ 0 total
Exp: 2015-06-14→ Common Stock (3,750 underlying)
Exercise/Conversion
Performance-based Restricted Stock Units
2015-06-12−21,250→ 0 total
Exp: 2015-06-14→ Common Stock (21,250 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]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
[F4]The units reported as disposed herein were settled for shares of the Company's common stock.
[F5]The performance-based restricted stock units ("PSUs") were granted in satisfaction of the performance requirement and vest annually over four years on June 12, 2013, 2014, 2015 and 2016.
[F6]Excludes previously granted PSUs and restricted stock units ("RSUs") with different terms, the ownership of which was previously reported on Form 3, 4 or 5.
[F7]The PSUs were granted in satisfaction of the performance requirement and vest annually over four years on June 14, 2012, 2013, 2014 and 2015.
[F8]The RSUs vest annually over four years on June 14, 2012, 2013, 2014 and 2015.

Documents

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