TIME WARNER TELECOM INC 4
4 · TIME WARNER TELECOM INC · Filed Aug 14, 2006
Insider Transaction Report
Form 4
GASKINS ROBERT
SVP - Corporate Development
Transactions
- Exercise/Conversion
Class A Common Stock
2006-08-14$10.16/sh+2,500$25,400→ 36,453 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-08-14$12.00/sh−2,000$24,000→ 27,000 totalExercise: $12.00From: 1999-08-05Exp: 2008-08-04→ Class A Common Stock (29,000 underlying) - Exercise/Conversion
Class A Common Stock
2006-08-14$12.00/sh+2,000$24,000→ 29,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-08-14$10.16/sh−2,500$25,400→ 33,953 totalExercise: $10.16From: 2004-11-10Exp: 2010-11-09→ Class A Common Stock (36,453 underlying) - Sale
Class A Common Stock
2006-08-14$17.06/sh−2,000$34,120→ 27,000 total - Exercise/Conversion
Class A Common Stock
2006-08-14$7.25/sh+500$3,625→ 1,000 total - Sale
Class A Common Stock
2006-08-14$17.06/sh−500$8,530→ 500 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-08-14$7.25/sh−500$3,625→ 500 totalExercise: $7.25From: 2002-09-28Exp: 2011-09-27→ Class A Common Stock (1,000 underlying) - Sale
Class A Common Stock
2006-08-14$17.06/sh−2,500$42,650→ 33,953 total
Footnotes (2)
- [F1]Transaction takes place under the restrictions of a 10b5-1 plan. A 10b5-1 plan enables an insider to establish a program to make transactions according to an advance plan. Such a program allows an insider to continue with planned transactions even if he/she comes into possession of material non-public information.
- [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.