4//SEC Filing
MILES MICHAEL A 4
Accession 0001127602-12-017276
CIK 0001105705other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 5:28 PM ET
Size
9.1 KB
Accession
0001127602-12-017276
Insider Transaction Report
Form 4
MILES MICHAEL A
Director
Transactions
- Sale
Common Stock, Par Value $.01
2012-05-15$35.28/sh−2.191$77→ 33,475 total - Exercise/Conversion
Common Stock, Par Value $.01
2012-05-15+862.676→ 33,477.191 total - Exercise/Conversion
Restricted Stock Units
2012-05-15−862.676→ 0 total→ Common Stock, Par Value $.01 (862.676 underlying)
Footnotes (4)
- [F1]All unvested restricted stock units have vested in connection with the Reporting Person's retirement from the Board of Directors of the Issuer on May 15, 2012.
- [F2]Each restricted stock unit represented a contingent right to receive one share of common stock, and the Reporting Person received one share of common stock for each restricted stock unit that vested.
- [F3]Includes 1.515 fractional shares of restricted stock resulting from the adjustments to previously granted shares of restricted stock to reflect the separation of Time Warner Cable Inc. and AOL Inc. from the Issuer on March 12, 2009 and on December 9, 2009, respectively. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, the adjustments are not required to be reported.
- [F4]Cash payment in lieu of fractional shares. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
Documents
Issuer
TIME WARNER INC.
CIK 0001105705
Entity typeother
Related Parties
1- filerCIK 0001077846
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 5:28 PM ET
- Size
- 9.1 KB