Filing Details
- Accession Number:
- 0001181431-12-060041
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-11-21 17:01:04
- Reporting Period:
- 2012-11-20
- Filing Date:
- 2012-11-21
- Accepted Time:
- 2012-11-21 17:01:04
- 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 |
---|---|---|---|---|---|---|---|
1476605 | T. Arthur Minson | 770 Broadway New York NY 10003 | Evp, Chief Operating Officer | 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 Per Share | Acquisiton | 2012-11-20 | 50,000 | $23.28 | 190,741 | No | 4 | M | Direct | |
Common Stock, Par Value $0.01 Per Share | Disposition | 2012-11-20 | 50,000 | $35.11 | 140,741 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 Per Share | Stock option (right to buy) | Disposition | 2012-11-20 | 50,000 | $0.00 | 50,000 | $23.28 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
210,000 | 2019-12-30 | No | 4 | M | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2012.
- 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 $34.90 to $35.48, 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 this footnote.
- The 260,000 stock options previously reported on the Form 4 filed on November 9, 2012 vest and expire as follows rather than as previously reported: 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 December 31, 2010 and subject to the reporting person's continuous employment on each vesting date, the remaining shares subject to the stock option have vested or will vest and become exercisable on a pro rata monthly basis for the 36 month period thereafter. The expiration date for these stock options is December 30, 2019.