Filing Details

Accession Number:
0001181431-12-044130
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-07 18:34:36
Reporting Period:
2012-08-06
Filing Date:
2012-08-07
Accepted Time:
2012-08-07 18:34:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1468516 Aol Inc. AOL Services-Computer Processing & Data Preparation (7374) 204268793
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1491657 M Julie Jacobs 22000 Aol Way
Dulles VA 20166
Evp,Gnrl. Counsel & Corp. Sec. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Disposition 2012-08-06 27,106 $33.66 56,657 No 4 S Direct
Common Stock, Par Value $0.01 Acquisiton 2012-08-06 4,305 $23.28 60,962 No 4 M Direct
Common Stock, Par Value $0.01 Acquisiton 2012-08-06 88,898 $20.31 149,860 No 4 M Direct
Common Stock, Par Value $0.01 Acquisiton 2012-08-06 5,625 $21.76 155,485 No 4 M Direct
Common Stock, Par Value $0.01 Disposition 2012-08-06 98,828 $33.82 56,657 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Stock Option (right to buy) Disposition 2012-08-06 4,305 $0.00 4,305 $23.28
Common Stock, Par Value $0.01 Stock Option (right to buy) Disposition 2012-08-06 88,898 $0.00 88,898 $20.31
Common Stock, Par Value $0.01 Stock Option (right to buy Disposition 2012-08-06 5,625 $0.00 5,625 $21.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,362 2019-12-31 No 4 M Direct
75,224 2020-07-01 No 4 M Direct
9,375 2021-02-15 No 4 M Direct
Footnotes
  1. Reflects the weighted average price of the shares of AOL Inc. common stock ("shares") sold in the reported transaction. These shares were sold in multiple transactions at prices ranging from $33.585 to $33.71, inclusive. The reporting person undertakes to provide to AOL Inc., any security holder of AOL Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.58 to $33.94, inclusive.
  3. The shares subject to the stock option vest over four years. One quarter of the shares subject to the stock option vested on December 31, 2010 and, in each of the subsequent one year periods ending December 31, 2011, December 31, 2012, and December 31, 2013, respectively, one quarter of the shares subject to the stock option will vest or have vested monthly in twelve equal installments.
  4. The shares subject to the stock option vest and become exercisable over a four year period. One quarter of the shares subject to the stock option vested on May 10, 2011 and, in each of the twelve-month periods ending May 10, 2012, May 10, 2013, and May 10, 2014, respectively, one quarter of the shares subject to the stock option will vest or have vested monthly in twelve equal installments.
  5. The shares subject to the stock option vest over a four year period. One quarter of the shares subject to the stock option vested on February 4, 2012 and, in each of the twelve-month periods ending February 4, 2013, February 4, 2014 and February 4, 2015, respectively, one quarter of the shares subject to the stock option will vest or have vested monthly in twelve equal installments.