SEC Form 4 · accession 0001394159-15-000084
Orbitz Worldwide, Inc. · OWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gavin R. Baiera
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 7:35 pm EDT
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 | Jun 10, 2015 | A | 11,013 | $0.00 | A | 0 | I | See footnote. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents deferred restricted stock units ("DSUs"). Each DSU is immediately vested and non-forfeitable and represents a right to receive one share of Orbitz Worldwide, Inc. (the "Company") common stock on (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.
- F2The DSUs are held by Angelo, Gordon & Co., L.P. ("Angelo Gordon") where Mr. Baiera is a Managing Director on behalf of certain funds advised by Angelo Gordon. Mr. Baiera disclaims beneficial ownership of securities of the Company held by Angelo Gordon.