4//SEC Filing
Tanous William Lloyd 4
Accession 0001181431-11-042147
CIK 0001319161other
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 4:36 PM ET
Size
14.2 KB
Accession
0001181431-11-042147
Insider Transaction Report
Form 4
Tanous William Lloyd
EVP, Chief Comm Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$2.96/sh−16,500$48,840→ 0 totalExercise: $5.29→ Common Stock, par value $0.001 (16,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$2.05/sh−28,467$58,357→ 0 totalExercise: $6.20→ Common Stock, par value $0.001 (28,467 underlying) - Award
Stock Option (Right to Buy)
2010-12-15+200,000→ 200,000 totalExercise: $5.49Exp: 2020-12-14→ Common Stock, par value $0.001 (200,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$0.22/sh−100,000$22,000→ 0 totalExercise: $8.03→ Common Stock, par value $0.001 (100,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$2.76/sh−200,000$552,000→ 0 totalExercise: $5.49→ Common Stock, par value $0.001 (200,000 underlying)
Footnotes (3)
- [F1]Disposition in connection with the merger (the "Merger") of Airplanes Merger Sub, Inc. with and into Warner Music Group Corp., exempt pursuant to Rule 16-3, in which all options were cancelled in exchange for a cash payment equal to the excess, if any, of $8.25 over the exercise price.
- [F2]All options became vested and were cancelled upon consummation of the Merger.
- [F3]The option generally vests and becomes exercisable in four equal installments on the day prior to each of the first through the fourth anniversaries of the grant date, which was 12/15/2010, subject to the employee's continued employment.
Documents
Issuer
Warner Music Group Corp.
CIK 0001319161
Entity typeother
Related Parties
1- filerCIK 0001434034
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 4:36 PM ET
- Size
- 14.2 KB