TIME WARNER CABLE INC. 4
4 · TIME WARNER CABLE INC. · Filed Jan 9, 2015
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2015-01-08+17,915→ 89,574 total→ Common Stock, par value $.01 per share (17,915 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F2]On February 12, 2014, the Reporting Person was granted restricted stock units, subject to the Company's satisfaction of certain predetermined performance criteria. On January 8, 2015, the Compensation Committee of the Board of Directors of the Company certified that the performance criteria had been satisfied. This award of restricted stock units vests in two equal installments on the third and fourth anniversaries of the date of grant, February 12, 2014. Shares of Common Stock are issued to the Reporting Person upon vesting of the restricted stock units.
- [F3]These restricted stock units may have different vesting and distribution dates.