TIME WARNER INC. 4
4 · TIME WARNER INC. · Filed Jun 2, 2016
Insider Transaction Report
Form 4
Wachter Paul
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-06-01−1,080→ 0 totalFrom: 2016-06-01Exp: 2016-06-01→ Common Stock, Par Value $.01 (1,080 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2016-06-01+1,080→ 10,240 total
Holdings
- 11,000(indirect: By Trust)
Common Stock, Par Value $.01
Footnotes (3)
- [F1]The common stock was acquired as a result of the vesting of restricted stock units awarded on June 20, 2015.
- [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]The Wachter Family Trust, of which the Reporting Person and his spouse are the trustees and beneficiaries.