Filing Details

Accession Number:
0001394159-15-000039
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-06 18:28:42
Reporting Period:
2015-03-04
Filing Date:
2015-03-06
Accepted Time:
2015-03-06 18:28:42
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
1387747 L Thomas Kram C/O Orbitz Worldwide, Inc.
500 West Madison Street, Suite 1000
Chicago IL 60661
Gvp, Chief Accounting 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 2015-03-04 3,217 $0.00 25,928 No 4 M Direct
Common Stock Disposition 2015-03-04 987 $11.62 24,941 No 4 F Direct
Common Stock Disposition 2015-03-05 1,472 $11.62 23,469 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 2015-03-04 3,217 $0.00 3,217 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,653 2018-03-04 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 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.
  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 executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2014.
  4. Shares were sold in a series of transactions within the same trading day at prices ranging from $11.61 to $11.63. 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 4, 2015, 2016, 2017 and 2018.
  8. Excludes previously granted RSUs and performance-based RSUs with different terms, the ownership of which was previously reported on Form 3, 4 or 5.