Orbitz 2009 Annual Report Download - page 34

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities.
Market Information
Our common stock trades on the NYSE under the symbol “OWW.” Prior to our IPO, there was no public
market for our common stock. The following table sets forth the high and low sales prices for our common
stock for each of the periods presented:
High Low High Low
2008 2007
Fourth Quarter ..................................... $6.05 $2.00 $12.00 $7.53
Third Quarter (a).................................... $7.63 $3.49 $15.00 $9.40
Second Quarter ..................................... $8.99 $4.92 — —
First Quarter ....................................... $8.66 $4.51 — —
(a) Since there was no public market for our common stock prior to the IPO, the high and low sales prices
presented for the third quarter of 2007 include sales prices for our common stock for the period from
July 20, 2007 to September 30, 2007.
Holders
As of March 9, 2009, there were approximately 57 holders of record of our common stock. Several
brokerage firms, banks and other institutions (“nominees”) are listed once on the stockholders of record listing.
However, in most cases, the nominees’ holdings represent blocks of our common stock held in brokerage
accounts for a number of individual stockholders. As such, our actual number of stockholders is higher than
the number of registered stockholders of record.
Dividends
In connection with our IPO, we paid a cash dividend to Travelport in the amount of $109 million. We do
not intend to declare or pay any cash dividends on our common stock in the foreseeable future. Any future
determination to pay dividends will be at the discretion of our board of directors, may require the consent of
Travelport and will depend on several factors, including our financial condition, results of operations, capital
requirements, restrictions contained in existing and future financing instruments and other factors that our
board of directors may deem relevant.
Securities Authorized for Issuance under Equity Compensation Plans
The following table provides information as of December 31, 2008 with respect to shares of our common
stock that may be issued under our equity compensation plans.
Plan Category
Number of Securities to be
Issued Upon Exercise of
Outstanding Options
Weighted Average
Exercise Price of
Outstanding Options
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation Plans
(Excluding Securities
Reflected in First Column)
Equity compensation plans approved
by security holders ............ 4,216,805 $10.88 7,057,932
Equity compensation plans not
approved by security holders ..... — — —
Total ........................ 4,216,805 $10.88 7,057,932
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