4//SEC Filing
ADLER EDWARD I 4
Accession 0001127602-10-007330
CIK 0001105705other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 8:24 PM ET
Size
15.9 KB
Accession
0001127602-10-007330
Insider Transaction Report
Form 4
ADLER EDWARD I
Executive Vice President
Transactions
- Tax Payment
Common Stock, Par Value $.01
2010-03-02$29.67/sh−1,826$54,177→ 17,150.247 total - Sale
Common Stock, Par Value $.01
2010-03-02$29.67/sh−1.247$37→ 17,149 total - Exercise/Conversion
Common Stock, Par Value $.01
2010-03-02+3,658→ 20,807 total - Award
Common Stock, Par Value $.01
2010-03-02+4,711.247→ 18,976.247 total - Exercise/Conversion
Restricted Stock Units
2010-03-02−3,658→ 43,542.801 totalFrom: 2010-03-02Exp: 2010-03-02→ Common Stock, Par Value $.01 (3,658 underlying) - Tax Payment
Common Stock, Par Value $.01
2010-03-02$29.67/sh−1,538$45,632→ 19,269 total
Holdings
- 3,330(indirect: By Savings Plan)
Common Stock, Par Value $.01
Footnotes (8)
- [F1]Shares of common stock acquired upon the vesting of performance stock units awarded on March 2, 2007. The Reporting Person received one share of common stock for each performance stock unit that vested. Vesting of the performance stock units was contingent upon the Issuer's achievement of certain performance criteria during the 2007-2009 performance period.
- [F2]Includes previously acquired shares of common stock that have been adjusted to reflect a one-for-three reverse stock split of the Issuer's common stock that became effective on March 27, 2009. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, this adjustment transaction is not required to be reported.
- [F3]Payment of tax liability by withholding shares of common stock incident to the vesting of performance stock units or restricted stock units in accordance with Rule 16b-3 of the Securities Act of 1934.
- [F4]This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
- [F5]Shares of common stock acquired upon the vesting of restricted stock units awarded on March 2, 2007.
- [F6]Each restricted stock unit represents a contingent right to receive one share of common stock. The Reporting Person received one share of common stock for each restricted stock unit that vested.
- [F7]The Time Warner Savings Plan, a qualified employee benefit plan.
- [F8]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, February 20, 2009 and February 8, 2010.
Documents
Issuer
TIME WARNER INC.
CIK 0001105705
Entity typeother
Related Parties
1- filerCIK 0001277484
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 8:24 PM ET
- Size
- 15.9 KB