TIME WARNER INC. 4
4 · TIME WARNER INC. · Filed Jun 2, 2017
Insider Transaction Report
Form 4
BARR WILLIAM P
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-06-01−1,382→ 0 totalFrom: 2017-06-01Exp: 2017-06-01→ Common Stock, Par Value $.01 (1,382 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2017-06-01+1,382→ 40,940 total
Holdings
- 3,845(indirect: By LLC)
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 18, 2016.
- [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 Barr Family LLC, of which the Reporting Person is the manager and in which the Reporting Person and his spouse jointly own a 1% interest and his adult children collectively own a 99% interest. The Reporting Person disclaims beneficial ownership of the shares held by The Barr Family LLC, except with respect to the 1% pecuniary interest held jointly with his spouse, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of the reported shares (except to the extent of his pecuniary interest) for purposes of Section 16 or for any other purpose.