MITCHELL PATRICIA E 4
4 · AOL Inc. · Filed Dec 18, 2012
Insider Transaction Report
Form 4
AOL Inc.AOL
MITCHELL PATRICIA E
Director
Transactions
- Award
Common Stock, par value $0.01
2012-12-14+930→ 20,325 total - Award
Common Stock, par value $0.01
2012-12-14+1,285→ 19,395 total
Footnotes (2)
- [F1]Represents restricted stock units granted to the reporting person under the AOL Inc. (the "Company") 2010 Stock Incentive Plan, as amended and restated (the "SIP"), in connection with the payment of a one-time, special cash dividend by the Company. The terms of the new restricted stock units are identical to those of the original restricted stock units. The original grant of restricted stock units was made to the reporting person on May 25, 2011 and the restricted stock units have vested. The reporting person has chosen to defer the settlement of the restricted stock units until after the reporting person's separation from service pursuant to the Company's Directors' Deferred Compensation Plan (the "Plan").
- [F2]Represents restricted stock units granted to the reporting person under the SIP in connection with the payment of a one-time, special cash dividend by the Company. The terms of the new restricted stock units are identical to those of the original restricted stock units. The original grant of restricted stock units was made to the reporting person on June 26, 2012. The restricted stock units vest on the earlier of (i) June 26, 2013 or (ii) the day before the Company's 2013 annual meeting of stockholders. Following vesting, the reporting person has chosen to defer the settlement of the restricted stock units until after the reporting person's separation from service pursuant to the Plan.