Martin John K 4
4 · TIME WARNER INC. · Filed Feb 21, 2013
Insider Transaction Report
Form 4
Martin John K
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock, Par Value $.01
2013-02-20+20,654.341→ 88,853.341 total - Tax Payment
Common Stock, Par Value $.01
2013-02-20$53.23/sh−11,528$613,635→ 77,325.341 total - Sale
Common Stock, Par Value $.01
2013-02-20$53.23/sh−1.341$71→ 77,324 total - Exercise/Conversion
Restricted Stock Units
2013-02-20−20,654.341→ 81,664 totalFrom: 2013-02-20Exp: 2013-02-20→ Common Stock, Par Value $.01 (20,654.341 underlying)
Holdings
- 938(indirect: By Savings Plan)
Common Stock, Par Value $.01
Footnotes (6)
- [F1]Shares of common stock acquired upon the vesting of restricted stock units awarded on February 20, 2009.
- [F2]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.
- [F3]Payment of tax liability by withholding shares of common stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
- [F4]Cash payment in lieu of fractional shares. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
- [F5]The Time Warner Savings Plan, a qualified employee benefit plan (the "Savings Plan"). Includes shares of common stock acquired through the reinvestment of dividends paid on the common stock held by the Savings Plan.
- [F6]These restricted stock units vest in two equal installments on the third and fourth anniversaries of their dates of grant, February 8, 2010, February 7, 2011 and February 15, 2012.