TIME WARNER INC. 4
4 · TIME WARNER INC. · Filed Jun 21, 2016
Insider Transaction Report
Form 4
Wachter Paul
Director
Transactions
- 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) - Award
Restricted Stock Units
2016-06-18+1,313→ 1,313 total→ Common Stock, Par Value $.01 (1,313 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.