CAUFIELD FRANK J 4
4 · TIME WARNER INC. · Filed Jun 1, 2009
Insider Transaction Report
Form 4
CAUFIELD FRANK J
Director
Transactions
- Award
Restricted Stock Units
2009-05-29+3,203→ 6,034.664 total→ Common Stock, Par Value $.01 (3,203 underlying) - Award
Directors Stock Option (Right to Buy)
2009-05-29+3,588→ 3,588 totalExercise: $23.42Exp: 2019-05-28→ Common Stock, Par Value $.01 (3,588 underlying)
Footnotes (3)
- [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]This award of restricted stock units vests in annual installments of 25% beginning on May 1, 2010 through May 1, 2014. The vested shares of Common Stock will be issued to the Reporting Person upon vesting.
- [F3]This option vests in annual installments of 25% on the first four anniversaries of the date of grant, May 29, 2009.