SEC Form 4 · accession 0001394159-15-000002
Orbitz Worldwide, Inc. · OWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Gerstner
Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 4:56 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 | Dec 31, 2014 | A | 3,395 | $0.00 | A | 195,479 | D | |
| Common StockF3 | holding | — | — | — | 111,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents deferred restricted stock units ("DSUs"). The DSUs are immediately vested and non-forfeitable.
- F2Includes both DSUs and shares of issued and outstanding common stock of Orbitz Worldwide,Inc. (the "Company"). Each DSU represents a right to receive one share of the Company's common stock on either (i) a date following the termination of the reporting person's service on the Company's Board of Directors for any reason, or (ii) the one-year anniversary date of the grant.
- F3These shares are directly owned by Altimeter Partners Fund, L.P. Altimeter Capital Management LLC has voting and dispositive power over the shares owned by Altimeter Partners Fund, L.P. Mr. Gerstner is the Chief Executive Officer and sole owner of Altimeter Capital Management LLC.