ROULEAU MICHAEL 4
4 · TIME WARNER TELECOM INC · Filed Jan 18, 2005
Insider Transaction Report
Form 4
ROULEAU MICHAEL
SVP, Marketing
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-01-13$3.46/sh+60,000$207,600→ 60,000 totalExercise: $3.46From: 2006-01-13Exp: 2012-01-13→ Class A Common Stock (60,000 underlying) - Disposition to Issuer
Class A Common Stock
2005-01-13$3.46/sh−1,500$5,190→ 4,500 total
Footnotes (2)
- [F1]Forfeiture of shares due to partial performance against company goals.
- [F2]At the end of the first year, 25% of total options become exercisable. In years two, three and four, 6.25% of the total options become exercisable each quarter.