Gounares Alexander G 4
4 · AOL Inc. · Filed Feb 17, 2011
Insider Transaction Report
Form 4
AOL Inc.AOL
Gounares Alexander G
EVP & CTO
Transactions
- Award
Stock Option (right to buy)
2011-02-15+60,000→ 60,000 totalExercise: $21.76Exp: 2021-02-15→ Common Stock, par value $0.01 (60,000 underlying) - Award
Common Stock, par value $0.01
2011-02-15+16,330→ 66,268 total
Footnotes (3)
- [F1]Represents restricted stock units granted pursuant to the AOL Inc. 2010 Stock Incentive Plan (the "Plan"). The restricted stock units vest over four years such that one half of the restricted stock units will vest on February 4, 2013, and the remaining one half will vest in two equal installments on February 4, 2014 and February 4, 2015. 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 February 4, 2012 and, in each of the twelve-month periods ending February 4, 2013, February 4, 2014 and February 4, 2015, respectively, one quarter of the shares subject to the stock option will vest monthly in twelve equal installments.