Time Inc. 4
4 · Time Inc. · Filed Jul 6, 2017
Insider Transaction Report
Form 4
Time Inc.TIME
KOPLOVITZ KAY
Director
Transactions
- Award
Common Stock, par value $0.01
2017-07-03+8,304→ 29,883 total - Award
Common Stock, par value $0.01
2017-07-03+3,460→ 33,343 total
Footnotes (2)
- [F1]Represents restricted stock units that are scheduled to vest on the earlier of July 3, 2018 or the date of Time Inc.'s 2018 annual meeting of stockholders.
- [F2]Represents deferred stock units that were issued to the reporting person in lieu of cash retainer of $120,000. Shares underlying the deferred stock units will be delivered after "Separation from Service" (within the meaning of Section 409A of the Internal Revenue Code).