ADLER EDWARD I 4

4 · TIME WARNER INC. · Filed Feb 20, 2009

Form 4

Period: 2009-02-18

Executive Vice President

Transactions

Exercise/Conversion
Common Stock, Par Value $.01
2009-02-18+11,000→ 40,112 total
Tax Payment
Common Stock, Par Value $.01
2009-02-18$7.94/sh−4,158$33,015→ 35,954 total
Exercise/Conversion
Restricted Stock Units
2009-02-18−11,000→ 56,500 total
From: 2009-02-18→ Common Stock, Par Value $.01 (11,000 underlying)

Holdings

Footnotes (6)

[F1]Each restricted stock unit represents the contingent right to receive one share of Common Stock. The Reporting Person receives one share of Common Stock for each resticted stock unit that vests.
[F2]The common stock was acquired as a result of the vesting of restricted stock units awarded on February 18, 2005.
[F3]Payment of tax liability by withholding shares of common stock incident to the vesting of restricted stock in accordance with Rule 16b-3.
[F4]The Time Warner Savings Plan, a qualified employee benefit plan.
[F5]This award of restricted stock units vested in two equal increments on the third and fourth anniversaries of their date of grant, February 18, 2005.
[F6]These restricted stock units vest in two equal installments on the third and fourth anniversaries of their dates of grant March 3, 2006, March 2, 2007 and March 7, 2008. Shares of Common Stock will be issued to the Reporting Person upon vesting of the restricted stock units.

Documents

1 file