4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001394159-15-000091
CIK 0001394159operating
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 7:54 PM ET
Size
14.0 KB
Accession
0001394159-15-000091
Insider Transaction Report
Form 4
Fulton Samuel M
SVP, Retail
Transactions
- Exercise/Conversion
Performance-based Restricted Stock Units
2015-06-12−30,000→ 30,000 totalExp: 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 totalExp: 2015-06-14→ Common Stock (3,750 underlying) - Exercise/Conversion
Performance-based Restricted Stock Units
2015-06-12−21,250→ 0 totalExp: 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
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001394159
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 7:54 PM ET
- Size
- 14.0 KB