Filing Details

Accession Number:
0001179110-10-017580
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-15 17:12:11
Reporting Period:
2010-12-13
Filing Date:
2010-12-15
Accepted Time:
2010-12-15 17:12:11
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
1406177 Mike Nelson C/O Orbitz Worldwide, Inc.
500 West Madison Street, Suite 1000
Chicago IL 60661
Pres., Partner Services Group 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 Disposition 2010-12-13 3,500 $6.18 67,178 No 4 S Direct
Common Stock Acquisiton 2010-12-13 5,139 $0.00 72,317 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2010-12-13 2,146 $0.00 2,146 $0.00
Common Stock Restricted Stock Units Disposition 2010-12-13 5,139 $0.00 5,139 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,424 2011-12-13 No 4 F Direct
7,285 2011-12-13 No 4 M Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adotped by the reporting person on August 10, 2010.
  2. Each 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 restricted stock units reported as disposed herein were settled for shares of the Company's common stock.
  3. Each 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 shares of common stock underlying the 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.
  4. The restricted stock units vest annually over four years on December 13, 2008, 2009, 2010 and 2011.