Gounares Alexander G 4
4 · AOL Inc. · Filed Feb 17, 2012
Insider Transaction Report
Form 4
AOL Inc.AOL
Gounares Alexander G
EVP & CTO
Transactions
- Award
Stock Option (right to buy)
2012-02-15+77,021→ 77,021 totalExercise: $18.78Exp: 2022-02-14→ Common Stock, par value $0.01 (77,021 underlying) - Award
Common Stock, par value $0.01
2012-02-15+21,299→ 87,567 total
Footnotes (3)
- [F1]Represents restricted stock units granted pursuant to the AOL Inc. 2010 Stock Incentive Plan (the "Plan"). This award of restricted stock units will vest over four years such that one half of the restricted stock units will vest on February 15, 2014, and the remaining one half will vest in two equal installments on February 15, 2015 and February 15, 2016. This award of 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 and become exercisable over a four year period. One quarter of the shares subject to the stock option will vest and become exercisable on February 15, 2013 and, in each of the twelve-month periods ending February 15, 2014, February 15, 2015, and February 15, 2016, respectively, one quarter of the shares subject to the stock option will vest and become exercisable monthly in twelve equal installments.