4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001394159-15-000140
CIK 0001394159operating
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 3:56 PM ET
Size
14.7 KB
Accession
0001394159-15-000140
Insider Transaction Report
Form 4
Rogers James F
SVP, GC and Secretary
Transactions
- Disposition to Issuer
Restricted Stock Units
2015-09-17−22,500→ 0 totalExp: 2017-02-20→ Common Stock (22,500 underlying) - Disposition to Issuer
Performance-based Restricted Stock Units
2015-09-17−67,500→ 0 totalExp: 2017-02-20→ Common Stock (67,500 underlying) - Disposition to Issuer
Common Stock
2015-09-17$12.00/sh−75,526$906,312→ 0 total - Disposition to Issuer
Restricted Stock Units
2015-09-17−30,000→ 0 totalExp: 2016-08-13→ Common Stock (30,000 underlying) - Disposition to Issuer
Restricted Stock Units
2015-09-17−15,439→ 0 totalExp: 2018-03-04→ Common Stock (15,439 underlying)
Footnotes (8)
- [F1]Disposed of pursuant to the 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 and restated.
- [F3]Each unit represents a right to receive, in the sole discretion of the Board of Directors of the Company, either one share of the Company's common stock, par value $0.01 per share, as of the applicable vesting date, or cash equal to the fair market value of one share of the Company's common stock as of the applicable 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 August 13, 2013, August 13, 2014, August 13, 2015 and August 13, 2016.
- [F6]The RSUs vest in four equal installments on each of February 20, 2014, February 20, 2015, February 20, 2016 and February 20, 2017.
- [F7]The RSUs vest in four equal installments on each of March 4, 2015, March 4, 2016, March 4, 2017 and March 4, 2018.
- [F8]The performance-based RSUs 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
Issuer
Orbitz Worldwide, Inc.
CIK 0001394159
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001394159
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 3:56 PM ET
- Size
- 14.7 KB