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TIME WARNER INC·4

May 23, 6:49 PM ET

TIME WARNER INC 4

4 · TIME WARNER INC · Filed May 23, 2005

Insider Transaction Report

Form 4
Period: 2005-05-20
TIME WARNER INCTWX
VINCENT FRANCIS T JR
Director
Transactions
  • Award

    Restricted Stock Units

    2005-05-20+4,369→ 4,369 total
    → Common Stock, par value $.01 (4,369 underlying)
  • Award

    Directors Stock Option (Right to Buy)

    2005-05-21+8,000→ 8,000 total
    Exercise: $17.66Exp: 2015-05-20→ Common Stock, par value $.01 (8,000 underlying)
Footnotes (3)
  • [F1]This option vests in increments of 25% on the first of four anniversaries of the date of grant, May 21, 2005.
  • [F2]Each restricted stock unit represents the contingent right to receive one share of Common Stock.
  • [F3]This award of restricted stock units vests in annual increments of 25% on May 1, 2006 through 2009. The vested shares of Common Stock will be issued to the Reporting Person upon vesting.

Documents

2 files