4//SEC Filing
CAUFIELD FRANK J 4
Accession 0001127602-10-013095
CIK 0001105705other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 7:15 PM ET
Size
10.0 KB
Accession
0001127602-10-013095
Insider Transaction Report
Form 4
CAUFIELD FRANK J
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-05-01−2,356.748→ 4,121.872 totalFrom: 2010-05-01Exp: 2010-05-01→ Common Stock, Par Value $.01 (2,356.748 underlying) - Sale
Common Stock, Par Value $.01
2010-05-01$33.48/sh−0.748$25→ 86,188 total - Exercise/Conversion
Common Stock, Par Value $.01
2010-05-01+2,356.748→ 86,188.748 total
Footnotes (5)
- [F1]The common stock was acquired as a result of the vesting of restricted stock units awarded on May 19, 2006, May 18, 2007, May 16, 2008 and May 29, 2009.
- [F2]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.
- [F3]This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
- [F4]These awards of restricted stock units vest in annual installments of 25% beginning on May 1, 2007 through May 1, 2010 for restricted stock units granted May 19, 2006, May 1, 2008 through May 1, 2011 for restricted stock units granted May 18, 2007, May 1, 2009 through May 1, 2012 for restricted stock units granted May 16, 2008 and May 1, 2010 through May 1, 2013 for restricted stock units granted May 29, 2009. The vested shares of Common Stock will be issued to the Reporting Person upon vesting.
- [F5]Includes previously granted restricted stock units that have been adjusted to reflect the separation of AOL Inc. from Time Warner Inc. on December 9, 2009. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, the adjustment transaction is not required to be reported.
Documents
Issuer
TIME WARNER INC.
CIK 0001105705
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0001032456
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 7:15 PM ET
- Size
- 10.0 KB