SEC Form 4 · accession 0001394159-15-000112
Orbitz Worldwide, Inc. · OWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barney Harford
Officer — CEO · Director
Period of report
Sep 3, 2015
Accepted (ET)
Sep 8, 2015 · 6:29 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 Stock | Sep 3, 2015 | M | 91,668 | $4.15 | A | 646,964 | D | |
| Common StockF2 | Sep 3, 2015 | S | 91,668 | $11.30 | D | 555,296 | D | |
| Common Stock | Sep 4, 2015 | M | 8,332 | $4.15 | A | 563,628 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F3,F5,F4 | $4.15 | Sep 3, 2015 | M | 91,668 | D | — | Jan 6, 2016 | Common Stock | 91,668 | 8,332 | D |
| Employee Stock Options (Right to Buy)F3,F5,F4 | $4.15 | Sep 4, 2015 | M | 8,332 | D | — | Jan 6, 2016 | Common Stock | 8,332 | 0 | D |
Explanation of responses
- F1This 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.
- F2Shares were sold in a series of transactions within the same trading day at prices ranging from $11.26 to $11.36. 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.
- F3Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
- F4Grant has a graded vesting schedule and the date exercisable varies for each vesting tranche. All options are currently vested and exercisable.
- F5Excludes previously granted stock options with different terms, the ownership of which was previously reported on Form 3, 4 or 5.