SEC Form 4 · accession 0001144204-18-037847
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
Jul 9, 2018
Accepted (ET)
Jul 10, 2018 · 4:19 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 Shares | Jul 9, 2018 | M | 20,000 | $13.15 | A | 53,402 | D | |
| Common SharesF2 | Jul 9, 2018 | S | 20,000 | $20.0219 | 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 Nonqualified Stock OptionF3 | $13.15 | Jul 9, 2018 | M | 20,000 | D | — | Sep 8, 2025 | Common Shares | 20,000 | 34,466 | D |
Explanation of responses
- F1This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 Plan adopted by reporting person on November 7, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.00 to $20.04 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 (2) to this Form 4.
- F3The option became exercisable with respect to 25% of shares as of each of 10/15/2016 and 10/15/2017, and with respect to the remaining 50% of shares, 25% as of 10/15/2018 and 25% as of 10/15/2019.
Remarks
Executive Vice President & Chief Information Officer