ROULEAU MICHAEL 4
4 · TIME WARNER TELECOM INC · Filed Oct 30, 2006
Insider Transaction Report
Form 4
ROULEAU MICHAEL
SVP, Marketing
Transactions
- Sale
Class A Common Stock
2006-10-26$20.02/sh−5,000$100,100→ 70,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-10-26$12.00/sh−5,000$60,000→ 70,000 totalExercise: $12.00From: 2000-11-22Exp: 2009-11-21→ Class A Common Stock (75,000 underlying) - Exercise/Conversion
Class A Common Stock
2006-10-26$12.00/sh+5,000$60,000→ 75,000 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.