SEC Form 4 · accession 0001144204-18-021183
Travelport Worldwide LTD · TVPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Minetola
Officer — See Remarks
Period of report
Apr 16, 2018
Accepted (ET)
Apr 18, 2018 · 4:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001424755
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Apr 16, 2018 | M | 4,488 | — | A | 37,890 | D | |
| Common Shares | Apr 16, 2018 | F | 1,363 | $12.50 | D | 36,527 | D | |
| Common SharesF1 | Apr 16, 2018 | M | 5,111 | — | A | 41,638 | D | |
| Common Shares | Apr 16, 2018 | F | 1,552 | $17.07 | D | 40,086 | D | |
| Common SharesF5 | Apr 17, 2018 | S | 6,684 | $17.154 | D | 33,402 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Time Vested Restricted Share UnitsF2 | $0.00 | Apr 16, 2018 | M | 4,488 | D | — | — | Common Shares | 4,488 | 8,976 | D |
| Time Vested Restricted Share UnitsF3 | $0.00 | Apr 16, 2018 | M | 5,111 | D | — | — | Common Shares | 5,111 | 15,333 | D |
Explanation of responses
- F1Restricted share units converted into common shares on a one-for-one basis.
- F2On March 15, 2016, the reporting person was granted 17,952 time-vested restricted share units that vest in four equal annual installments on 4/15/2017, 4/15/2018, 4/15/2019 and 4/15/2020.
- F3On March 15, 2017, the reporting person was granted 20,442 time-vested restricted share units that vest in four equal installments on 04/15/2018, 04/15/2019, 04/15/2020 and 04/15/2021.
- F4This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 Plan adopted by reporting person on November 7, 2017.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $17.09 to $17.22 per share. The reporting person undertakes to provide to Travelport Worldwide Limited, any security holder of Travelport Worldwide Limited, 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 footnote (5) to this Form 4.
Remarks
Executive Vice President & Chief Information Officer