Time Inc. 4
4 · Time Inc. · Filed Feb 10, 2016
Insider Transaction Report
Form 4
Time Inc.TIME
BODELL COLIN
EVP & Chief Technology Officer
Transactions
- Award
Stock Option (right to buy)
2016-02-08+80,472→ 80,472 totalExercise: $14.38Exp: 2026-02-07→ Common Stock, par value $0.01 (80,472 underlying) - Award
Performance Stock Units
2016-02-08+22,727→ 22,727 totalExp: 2018-03-15→ Common Stock, par value $0.01 (22,727 underlying) - Award
Common Stock, par value $0.01
2016-02-08+13,038→ 30,322 total
Footnotes (3)
- [F1]Represents restricted stock units that are scheduled to vest ratably over four years on February 8 of each of 2017, 2018, 2019 and 2020.
- [F2]The stock options are scheduled to vest ratably over four years on February 8 of each of 2017, 2018, 2019 and 2020.
- [F3]Each performance stock unit represents a contingent right to receive one share of common stock of the Issuer. The performance stock units shall vest on March 15, 2018 in an amount from 0% to 275% of the number of performance stock units granted based on the average fair market value of the Issuer's common stock during the period commencing on February 15, 2018 and ending on March 15, 2018.