TIME WARNER CABLE INC. 4
4 · TIME WARNER CABLE INC. · Filed May 20, 2016
Insider Transaction Report
Form 4
COPELAND JAMES E JR
Director
Transactions
- Disposition to Issuer
Director Deferred Stock Unit
2016-05-18−6,127.059→ 0 total→ Common Stock, par value $.01 per share (6,127.059 underlying) - Disposition to Issuer
Restricted Stock Units
2016-05-18−20,658.542→ 0 total→ Common Stock, par value $.01 per share (20,658.542 underlying)
Footnotes (3)
- [F1]Each restricted stock unit or deferred stock unit, as applicable, represented a right to receive one share of the Issuer's Common Stock prior to the closing of the transactions contemplated by the merger agreement (as defined below).
- [F2]These restricted stock units or deferred stock units, as applicable, were canceled in accordance with the terms of the Agreement and Plan of Mergers, dated as of May 23, 2015, among the Issuer, Charter Communications, Inc., CCH I, LLC (now named Charter Communications, Inc.) and certain other parties thereto (the "merger agreement"), and the Reporting Person received an amount in cash equal to approximately $224.91 per unit.
- [F3]The Issuer's Common Stock would have been issuable to the Reporting Person in connection with the Reporting Person's ceasing to serve as a director of the Issuer.