SEC Form 4 · accession 0001209191-15-014516
Orbitz Worldwide, Inc. · OWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
PAR CAPITAL MANAGEMENT INC
10% Owner
PAR INVESTMENT PARTNERS LP
10% Owner
PAR Group, L.P.
10% Owner
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001394159
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 12, 2015 | S | 16,500,000 | $11.67 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities were held directly by PAR Investment Partners, L.P. ("PIP"). PAR Group, L.P. ("PAR Group") is the general partner of PIP. PAR Group disclaims beneficial ownership of the securities except to the extent of the pecuniary interest, if any, in such securities as a result of PAR Group's general partner interest in PIP and contingent right to a performance-based advisory fee. PAR Capital Management, Inc. ("PCM) is the general partner of PAR Group. PCM disclaims beneficial ownership of the securities except to the extent of the pecuniary interest, if any, in such securities as a result of PCM's general partner interest in PAR Group.
- F2The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $11.65 to $11.72. The reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.