SEC Form 4 · accession 0001394159-15-000130

Orbitz Worldwide, Inc. · OWW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Sep 17, 2015

Accepted (ET)

Sep 17, 2015 · 3:54 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 17, 2015	D	79,223	$12.00	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F3,F5	—	Sep 17, 2015	D	225,000	D	—	Mar 11, 2017	Common Stock	225,000	0	D
Restricted Stock Units^F2,F3,F6	—	Sep 17, 2015	D	19,302	D	—	Mar 4, 2018	Common Stock	19,302	0	D

F1Disposed of pursuant to the Agreement and Plan of Merger by and among Expedia, Inc., Xeta, Inc. and Orbitz Worldwide, Inc. (the "Company") dated as of February 12, 2015 (the "Merger Agreement").
F2Granted under the Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan, as amended.
F3Each restricted stock unit ("RSU") represents a right to receive, in the sole discretion of the Board of Directors of 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.
F4Disposed of pursuant to the Merger Agreement in exchange for shares of Expedia common stock calculated by multiplying the number of shares of the Company's common stock by the quotient obtained by dividing $12.00 by the volume-weighted average price for Expedia common stock for the 30 trading days prior to the closing date.
F5The RSUs vest in four equal installments on each of March 11, 2014, March 11, 2015, March 11, 2016 and March 11, 2017.
F6The RSUs vest in four equal installments on each of March 4, 2015, March 4, 2016, March 4, 2017 and March 4, 2018.