Gounares Alexander G 4
4 · AOL Inc. · Filed May 17, 2010
Insider Transaction Report
Form 4
AOL Inc.AOL
Gounares Alexander G
EVP & CTO
Transactions
- Award
Stock Option (right to buy)
2010-05-13+249,688→ 249,688 totalExercise: $24.03Exp: 2020-05-13→ Common Stock, par value $0.01 (249,688 underlying) - Award
Common Stock, par value $0.01
2010-05-13+49,938→ 49,938 total
Footnotes (3)
- [F1]Represents restricted stock units granted pursuant to the AOL Inc. 2010 Stock Incentive Plan (the "Plan"). The restricted stock units will vest over four years such that one half of the restricted stock units will vest on May 13, 2012, and the remaining one half will vest in two equal installments on May 13, 2013 and May 13, 2014. Restricted stock units will be paid in stock to the Reporting Person within sixty days of vesting.
- [F2]Represents stock options granted pursuant to the Plan.
- [F3]The shares subject to the stock option vest over a four year period. One quarter of the shares subject to the stock option will vest on May 13, 2011 and, in each of the twelve-month periods ending May 13, 2012, May 13, 2013 and May 13, 2014, respectively, one quarter of the shares subject to the stock option will vest monthly in twelve equal installments.