Orbitz Worldwide, Inc. 4

Accession 0001394159-15-000137

CIK 0001394159operating

View on SEC.gov Company Profile

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 3:56 PM ET

Size

17.1 KB

Accession

0001394159-15-000137

Insider Transaction Report

Form 4

Period: 2015-09-17

Orbitz Worldwide, Inc.OWW

Fulton Samuel M

SVP, Retail

Transactions

Disposition to Issuer
Restricted Stock Units
2015-09-17−41,460→ 0 total
Exp: 2018-07-29→ Common Stock (41,460 underlying)
Disposition to Issuer
Restricted Stock Units
2015-09-17−22,500→ 0 total
Exp: 2017-02-20→ Common Stock (22,500 underlying)
Disposition to Issuer
Performance-based Restricted Stock Units
2015-09-17−67,500→ 0 total
Exp: 2017-02-20→ Common Stock (67,500 underlying)
Disposition to Issuer
Restricted Stock Units
2015-09-17−19,302→ 0 total
Exp: 2018-03-04→ Common Stock (19,302 underlying)
Disposition to Issuer
Common Stock
2015-09-17$12.00/sh−157,674$1,892,088→ 0 total
Disposition to Issuer
Performance-based Restricted Stock Units
2015-09-17−30,000→ 0 total
Exp: 2016-06-12→ Common Stock (30,000 underlying)

Footnotes (9)

[F1]Disposed of pursuant to that Agreement and Plan of Merger by and among Expedia, Inc., Xeta, Inc. and Orbitz Worldwide, Inc. (the "Company") dated as of February 12, 2015 (the "Merger Agreement").
[F2]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
[F3]Each unit represents a right to receive, in the sole discretion of the Board of Directors of 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.
[F4]Disposed of pursuant to the Merger Agreement in exchange for shares of Expedia common stock calculated by multiplying the number of shares of the Company's common stock by the quotient obtained by dividing $12.00 by the volume-weighted average price for Expedia common stock for the 30 trading days prior to the closing date.
[F5]The restricted stock units ("RSUs") vest in four equal installments on each of February 20, 2014, February 20, 2015, February 20, 2016 and February 20, 2017.
[F6]The RSUs vest in four equal installments on each of March 4, 2015, March 4, 2016, March 4, 2017 and March 4, 2018.
[F7]The RSUs vest in four equal installments on each of July 29, 2015, July 29, 2016, July 28, 2017 and July 29, 2018.
[F8]The performance-based restricted stock units ("PSUs") were granted in satisfaction of the performance requirement and vest in four equal installments on each of June 12, 2013, June 12, 2014, June 12, 2015 and June 12, 2016.
[F9]The PSUs were granted in satisfaction of the performance requirement and vest in four equal installments on each of February 20, 2014, February 20, 2015, February 20, 2016 and February 20, 2017.

Documents

1 file

4
wf-form4_144251975844699.xmlPrimary
FORM 4

Issuer

Orbitz Worldwide, Inc.

CIK 0001394159

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001394159

Filing Metadata

Form type: 4
Filed: Sep 16, 8:00 PM ET
Accepted: Sep 17, 3:56 PM ET
Size: 17.1 KB

View on SEC.gov