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Filing Details

Accession Number:: 0001394159-13-000229
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-06-17 18:30:38
Reporting Period:: 2013-06-14

Filing Date:: 2013-06-17
Accepted Time:: 2013-06-17 18:30:38
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1394159	Orbitz Worldwide Inc.	OWW	Transportation Services (4700)	205337455

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1514159	Tamer Tamar	C/O Orbitz Worldwide, Inc. 500 W. Madison Street, Suite 1000 Chicago IL 60661	Svp, International	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2013-06-14	49,875	$7.51	17,494	No	4	S	Direct
Common Stock	Acquisiton	2013-06-14	45,000	$4.90	62,494	No	4	M	Direct
Common Stock	Disposition	2013-06-14	45,000	$7.58	17,494	No	4	S	Direct
Common Stock	Acquisiton	2013-06-14	8,612	$0.00	26,106	No	4	M	Direct
Common Stock	Acquisiton	2013-06-14	11,262	$0.00	37,368	No	4	M	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Options (Right to Buy)	Disposition	2013-06-14	45,000	$0.00	45,000	$4.90
Common Stock	Performance-based Restricted Stock Units	Disposition	2013-06-14	7,638	$0.00	7,638	$0.00
Common Stock	Performance-based Restricted Stock Units	Disposition	2013-06-14	8,612	$0.00	8,612	$0.00
Common Stock	Restricted Stock Units	Disposition	2013-06-14	9,988	$0.00	9,988	$0.00
Common Stock	Restricted Stock Units	Disposition	2013-06-14	11,262	$0.00	11,262	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
35,000	2017-06-02	No	4	M	Direct
41,112	2015-06-14	No	4	F	Direct
32,500	2015-06-14	No	4	M	Direct
53,762	2015-06-14	No	4	F	Direct
42,500	2015-06-14	No	4	M	Direct

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2013.
Shares were sold in a series of transactions within the same trading day at prices ranging from $7.450 to $7.690. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
Shares were sold in a series of transactions within the same trading day at prices ranging from $7.514 to $7.690. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended and restated.
The stock options vest in four equal installments on June 2, 2011, 2012, 2013 and 2014.
Each performance-based restricted stock unit represents a contingent 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.
The performance-based restricted stock units were granted in satisfaction of the performance requirement and vest annually over four years on June 14, 2012, 2013, 2014 and 2015.
The shares of common stock underlying the performance-based restricted stock units 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.
The performance-based restricted stock units reported as disposed herein were settled for shares of the Company's common stock.
Each restricted stock unit represents a contingent 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.
The restricted stock units vest annually over four years on June 14, 2012, 2013, 2014 and 2015.
The shares of common stock underlying the restricted stock units were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of such units.
The restricted stock units reported as disposed herein were settled for shares of the Company's common stock.