0001394159-15-000090.txt : 20150616
0001394159-15-000090.hdr.sgml : 20150616
20150616195410
ACCESSION NUMBER: 0001394159-15-000090
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150612
FILED AS OF DATE: 20150616
DATE AS OF CHANGE: 20150616
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Orbitz Worldwide, Inc.
CENTRAL INDEX KEY: 0001394159
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
IRS NUMBER: 205337455
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 500 W. MADISON STREET
STREET 2: SUITE 1000
CITY: CHICAGO
STATE: IL
ZIP: 60661
BUSINESS PHONE: 312-894-5000
MAIL ADDRESS:
STREET 1: 500 W. MADISON STREET
STREET 2: SUITE 1000
CITY: CHICAGO
STATE: IL
ZIP: 60661
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Harford Barney
CENTRAL INDEX KEY: 0001453413
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33599
FILM NUMBER: 15935511
MAIL ADDRESS:
STREET 1: C/O ORBITZ WORLDWIDE, INC.
STREET 2: 500 W. MADISON STREET, SUITE 1000
CITY: CHICAGO
STATE: IL
ZIP: 60661
4
1
wf-form4_143449884048866.xml
FORM 4
X0306
4
2015-06-12
0
0001394159
Orbitz Worldwide, Inc.
OWW
0001453413
Harford Barney
C/O ORBITZ WORLDWIDE, INC.
500 W. MADISON STREET, SUITE 1000
CHICAGO
IL
60661
1
1
0
0
CEO
Common Stock
2015-06-12
4
M
0
356250
0
A
862222
D
Common Stock
2015-06-12
4
F
0
162808
11.37
D
699414
D
Common Stock
2015-06-15
4
S
0
144118
11.35
D
555296
D
Performance-based Restricted Stock Units
2015-06-12
4
M
0
206250
0
D
2016-06-12
Common Stock
206250.0
206250
D
Performance-based Restricted Stock Units
2015-06-12
4
M
0
81250
0
D
2015-06-14
Common Stock
81250.0
0
D
Restricted Stock Units
2015-06-12
4
M
0
68750
0
D
2015-06-14
Common Stock
68750.0
0
D
Each unit 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.
The underlying shares of common stock 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.
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2012 and amended on June 10, 2013, February 25, 2014 and September 9, 2014.
Shares were sold in a series of transactions within the same trading day at prices ranging from $11.30 to $11.40. 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.
The units reported as disposed herein were settled for shares of the Company's common stock.
The performance-based restricted stock units ("PSUs") were granted in satisfaction of the performance requirement and vest annually over four years on June 12, 2013, 2014, 2015 and 2016.
Excludes previously granted PSUs and restricted stock units ("RSUs") with different terms, the ownership of which was previously reported on Form 3, 4 or 5.
The PSUs were granted in satisfaction of the performance requirement and vest annually over four years on June 14, 2012, 2013, 2014 and 2015.
The RSUs vest annually over four years on June 14, 2012, 2013, 2014 and 2015.
/s/ James F. Rogers, Attorney-in-fact for Barney Harford
2015-06-16