ADLER EDWARD I 4

4 · TIME WARNER INC. · Filed Mar 4, 2009

Form 4

Period: 2009-03-03

Executive Vice President

Transactions

Exercise/Conversion
Common Stock, Par Value $.01
2009-03-03+11,000→ 46,954 total
Tax Payment
Common Stock, Par Value $.01
2009-03-03$7.24/sh−4,158$30,104→ 42,796 total
Exercise/Conversion
Restricted Stock Units
2009-03-03−11,000→ 74,200 total
From: 2009-03-03→ Common Stock, Par Value $.01 (11,000 underlying)

Holdings

Footnotes (6)

[F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock. The Reporting Person receives one share of Common Stock for each restricted stock unit that vests.
[F2]The common stock was acquired as a result of the vesting of restricted stock units awarded on March 3, 2006.
[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 vests in two equal installments on the third and fourth anniversaries of its date of grant, March 3, 2006.
[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, March 7, 2008 and February 20, 2009. Shares of Common Stock will be issued to the reporting person upon vesting of the restricted stock units.

Documents

1 file