4//SEC Filing
Orbitz Worldwide, Inc. 4
Accession 0001394159-15-000135
CIK 0001394159operating
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 3:55 PM ET
Size
19.5 KB
Accession
0001394159-15-000135
Insider Transaction Report
Form 4
Liew Roger
SVP, CTO
Transactions
- Disposition to Issuer
Employee Stock Options (Right to Buy)
2015-09-17−100,000→ 0 totalExercise: $5.86Exp: 2017-12-07→ Common Stock (100,000 underlying) - Disposition to Issuer
Restricted Stock Units
2015-09-17−61,240→ 0 totalExp: 2018-09-17→ Common Stock (61,240 underlying) - Disposition to Issuer
Common Stock
2015-09-17$12.00/sh−267,871$3,214,452→ 0 total - Disposition to Issuer
Restricted Stock Units
2015-09-17−22,500→ 0 totalExp: 2017-02-20→ Common Stock (22,500 underlying) - Disposition to Issuer
Restricted Stock Units
2015-09-17−19,302→ 0 totalExp: 2018-03-04→ Common Stock (19,302 underlying) - Disposition to Issuer
Performance-based Restricted Stock Units
2015-09-17−40,000→ 0 totalExp: 2016-06-12→ Common Stock (40,000 underlying) - Disposition to Issuer
Performance-based Restricted Stock Units
2015-09-17−67,500→ 0 totalExp: 2017-02-20→ Common Stock (67,500 underlying)
Footnotes (11)
- [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").
- [F10]The performance-based restricted stock units ("PSUs") vest in four equal installments on each of June 12, 2013, June 12, 2014, June 12, 2015 and June 12, 2016.
- [F11]The PSUs 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.
- [F2]Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
- [F3]Cancelled pursuant to the Merger Agreement in exchange for an amount in cash per share equal to the excess of $12.00 over the exercise price per share of the options.
- [F4]The stock options vested in four equal installments on each of December 7, 2011, December 7, 2012, December 7, 2013 and December 7, 2014.
- [F5]Each unit 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.
- [F6]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.
- [F7]The restricted stock units ("RSUs") vest in four equal installments on each of February 20, 2014, February 20, 2015, February 20, 2016 and February 20, 2017.
- [F8]The RSUs vest in four equal installments on each of March 4, 2015, March 4, 2016, March 4, 2017 and March 4, 2018.
- [F9]The RSUs vest in four equal installments on each of September 17, 2015, September 17, 2016, September 17, 2017 and September 17, 2018.
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, 3:55 PM ET
- Size
- 19.5 KB