Filing Details

Accession Number:
0001181431-12-066780
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-21 17:06:38
Reporting Period:
2012-12-20
Filing Date:
2012-12-21
Accepted Time:
2012-12-21 17:06:38
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 2012-12-20 57,758 $20.16 198,499 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Disposition 2012-12-20 57,758 $30.33 140,741 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 2012-12-20 57,758 $0.00 57,758 $20.16
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
184,829 2019-12-30 No 4 M Direct
Footnotes
  1. 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.
  2. 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 $30.18 to $30.69, 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.
  3. 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.