4//SEC Filing
TIME WARNER CABLE INC. 4
Accession 0001225208-16-033759
CIK 0001377013operating
Filed
May 19, 8:00 PM ET
Accepted
May 20, 7:53 PM ET
Size
15.7 KB
Accession
0001225208-16-033759
Insider Transaction Report
Form 4
NICHOLAS NJ JR
Director
Transactions
- Disposition to Issuer
Common Stock, par value $.01 per share
2016-05-18−2,333→ 0 total - Disposition to Issuer
Director Deferred Stock Unit
2016-05-18−8,351.186→ 0 total→ Common Stock, par value $.01 per share (8,351.186 underlying) - Disposition to Issuer
Restricted Stock Units
2016-05-18−830→ 19,828.542 total→ Common Stock, par value $.01 per share (830 underlying) - Disposition to Issuer
Restricted Stock Units
2016-05-18−1,058→ 18,770.542 total→ Common Stock, par value $.01 per share (1,058 underlying) - Disposition to Issuer
Restricted Stock Units
2016-05-18−18,770.542→ 0 total→ Common Stock, par value $.01 per share (18,770.542 underlying)
Footnotes (10)
- [F1]Issuer's common stock ("Common Stock") disposed of pursuant to 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., "New Charter") and other certain parties thereto (the "merger agreement").
- [F10]The 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.
- [F2]In accordance with the terms of the merger agreement, each share of Common Stock was exchanged into the right to receive, pursuant to an election made by the Reporting Person, either (a) $100 in cash and 0.4891 of a share of New Charter Class A common stock ("New Charter common stock") or (b) $115 in cash and 0.4125 of a share of New Charter common stock.
- [F3]Each deferred stock unit represented a right to receive one share of Common Stock.
- [F4]Each deferred stock unit represented a right to receive one share of Common Stock. These deferred stock units were canceled in accordance with the terms of the merger agreement, and the Reporting Person received an amount of cash equal to approximately $224.91 per unit.
- [F5]The Common Stock would have been issuable to the Reporting Person upon the termination of the Reporting Person's service as a director.
- [F6]Each restricted stock unit represented a right to receive one share of Common Stock.
- [F7]Each restricted stock unit represented a right to receive one share of Common Stock. These restricted stock units were canceled in accordance with the terms of the merger agreement, and the Reporting Person received an amount in cash equal to approximately $224.91 per unit.
- [F8]50% of the Common Stock covered by the restricted stock units would have been issuable to the Reporting Person on the earlier of February 10, 2019 (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% would have been issuable to the Reporting Person in connection with the Reporting Person's ceasing to serve as a director of the Issuer.
- [F9]50% of the Common Stock covered by the restricted stock units would have been issuable 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% would have been issuable to the Reporting Person in connection with the Reporting Person's ceasing to serve as a director of the Issuer.
Documents
Issuer
TIME WARNER CABLE INC.
CIK 0001377013
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001377013
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 7:53 PM ET
- Size
- 15.7 KB