TIME WARNER CABLE INC. 4
4 · TIME WARNER CABLE INC. · Filed Feb 13, 2015
Insider Transaction Report
Form 4
NICHOLAS NJ JR
Director
Transactions
- Award
Restricted Stock Units
2015-02-11+1,058→ 19,828.542 total→ Common Stock, par value $.01 per share (1,058 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a right to receive one share of Common Stock.
- [F2]50% of the Common Stock covered by the restricted stock units will be issued to the Reporting Person on the earlier of February 11, 2018 (the third anniversary of the date of grant) or in connection with the Reporting Person's ceasing to serve as a director of the Issuer, and the remaining 50% will be issued to the Reporting Person in connection with the Reporting Person's ceasing to serve as a director of the Issuer.
- [F3]These restricted stock units may have different vesting and distribution dates. Fractional restricted stock units are paid in cash upon vesting.