4//SEC Filing
TIME WARNER INC. 4
Accession 0001127602-16-055990
CIK 0001105705operating
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 5:00 PM ET
Size
10.4 KB
Accession
0001127602-16-055990
Insider Transaction Report
Form 4
BOLLENBACH STEPHEN F
Director
Transactions
- Award
Phantom Stock Units
2016-06-17$72.96/sh+1,370.614$100,000→ 43,576.362 total(indirect: By Deferred Compensation Plan)→ Common Stock, Par Value $.01 (1,370.614 underlying) - Award
Restricted Stock Units
2016-06-18+1,313→ 1,313 total→ Common Stock, Par Value $.01 (1,313 underlying) - Award
Director Stock Option (Right to Buy)
2016-06-18+6,561→ 6,561 totalExercise: $72.37From: 2017-06-18Exp: 2026-06-17→ Common Stock, Par Value $.01 (6,561 underlying)
Footnotes (3)
- [F1]The phantom stock units were acquired by the Reporting Person in a transaction exempt under Section 16(b) pursuant to the terms of the Time Warner Inc. Non-Employee Directors' Deferred Compensation Plan (the "Deferred Compensation Plan") and are to be settled in cash in a lump sum or in annual installments beginning on the April 30th following the date the Reporting Person ceases to be a director. The cash value received by the Reporting Person upon distribution will be based, one-for-one, upon the fair market value of the Common Stock underlying the phantom stock units held in the Reporting Person's account.
- [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 award of restricted stock units vests in full on June 1, 2017. The vested shares of common stock will be issued to the Reporting Person upon vesting.
Documents
Issuer
TIME WARNER INC.
CIK 0001105705
Entity typeoperating
Related Parties
1- filerCIK 0001105705
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 5:00 PM ET
- Size
- 10.4 KB