Filing Details

Accession Number:
0001394159-14-000095
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-13 18:10:36
Reporting Period:
2014-03-11
Filing Date:
2014-03-13
Accepted Time:
2014-03-13 18:10:36
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
1543620 O Michael Randolfi C/O Orbitz Worldwide, Inc.
500 W Madison St, Suite 1000
Chicago IL 60661
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-03-11 112,500 $0.00 112,500 No 4 M Direct
Common Stock Disposition 2014-03-11 52,819 $9.13 59,681 No 4 F Direct
Common Stock Disposition 2014-03-12 14,920 $9.07 44,761 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2014-03-11 112,500 $0.00 112,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
337,500 2017-03-11 No 4 M Direct
Footnotes
  1. Each restricted stock unit ("RSU") 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.
  2. The shares of common stock underlying the RSUs 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.
  3. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2013.
  4. Shares were sold in a series of transactions within the same trading day at prices ranging from $8.890 to $9.160. 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.
  5. Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
  6. The RSUs reported as disposed herein were settled for shares of the Company's common stock.
  7. The RSUs vest annually over four years on March 11, 2014, 2015, 2016 and 2017.