TIME WARNER CABLE INC. 4
4 · TIME WARNER CABLE INC. · Filed Feb 16, 2016
Insider Transaction Report
Form 4
WAYNE PACE
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-02-12−791→ 15,743.419 total→ Common Stock, par value $.01 per share (791 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2016-02-12+791→ 26,099.988 total
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 was issued to the Reporting Person on February 12, 2016 (the third anniversary of the date of grant). The remaining 50% of the Common Stock covered by the restricted stock units 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.