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ADLER EDWARD I 4

Accession 0001127602-10-004044

CIK 0001105705other

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 7:58 PM ET

Size

8.7 KB

Accession

0001127602-10-004044

Insider Transaction Report

Form 4
Period: 2010-02-08
ADLER EDWARD I
Executive Vice President
Transactions
  • Award

    Restricted Stock Units

    2010-02-08+11,47847,200.801 total
    Common Stock, Par Value $.01 (11,478 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2010-02-08+61,21661,216 total
    Exercise: $26.92Exp: 2020-02-07Common Stock, Par Value $.01 (61,216 underlying)
Footnotes (4)
  • [F1]This option becomes exercisable in increments of 25% on the first four anniversaries of the date of grant, February 8, 2010.
  • [F2]Each restricted stock unit represents the contingent right to receive one share of Common Stock.
  • [F3]This award of restricted stock units vests in two equal installments on the third and fourth anniversaries of the date of grant, February 8, 2010. Shares of Common Stock will be issued to the reporting person upon vesting of the restricted stock units.
  • [F4]Includes previously granted restricted stock units that have been adjusted to reflect (a) the separation of Time Warner Cable Inc. from the Issuer on March 12, 2009; (b) a one-for-three reverse stock split of the Issuer's Common Stock that became effective on March 27, 2009; and (c) the separation of AOL Inc. from the Issuer on December 9, 2009. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, these adjustment transactions are not required to be reported.

Issuer

TIME WARNER INC.

CIK 0001105705

Entity typeother

Related Parties

1
  • filerCIK 0001277484

Filing Metadata

Form type
4
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 7:58 PM ET
Size
8.7 KB