4//SEC Filing
CAUFIELD FRANK J 4
Accession 0001127602-11-014868
CIK 0001105705other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 6:33 PM ET
Size
9.1 KB
Accession
0001127602-11-014868
Insider Transaction Report
Form 4
CAUFIELD FRANK J
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-05-01−4,665.27→ 2,282.602 totalFrom: 2011-05-01Exp: 2011-05-01→ Common Stock, Par Value $.01 (4,665.27 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2011-05-01+4,665.27→ 90,853.27 total - Sale
Common Stock, Par Value $.01
2011-05-01$37.85/sh−1.27$48→ 90,852 total
Footnotes (4)
- [F1]The common stock was acquired as a result of the vesting of restricted stock units awarded on May 18, 2007, May 16, 2008, May 29, 2009 and May 22, 2010.
- [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, 2009 through May 1, 2012 for restricted stock units granted on May 16, 2008, and May 1, 2010 through May 1, 2013 for restricted stock units granted on May 29, 2009. The vested shares of Common Stock will be issued to the Reporting Person upon vesting.
Documents
Issuer
TIME WARNER INC.
CIK 0001105705
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0001032456
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 6:33 PM ET
- Size
- 9.1 KB