TIME WARNER CABLE INC. 4
4 · TIME WARNER CABLE INC. · Filed Jul 9, 2015
Insider Transaction Report
Form 4
NICHOLAS NJ JR
Director
Transactions
- Award
Director Deferred Stock Unit
2015-07-08+394→ 7,962.186 total→ Common Stock, par value $.01 per share (394 underlying)
Footnotes (2)
- [F1]The deferred stock units were acquired by the reporting person pursuant to the terms of the issuer's Deferred Stock Unit Program for Non-Employee Directors under which directors may elect to defer all or a portion of their cash retainer and committee fees. Each deferred stock unit represents a right to receive one share of Common Stock of the issuer. Fractional interests will be paid in cash upon vesting.
- [F2]The Common Stock will become issuable to the Reporting Person upon the termination of the Reporting Person's service as a director.