Filing Details
- Accession Number:
- 0001181431-13-011118
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-20 20:03:54
- Reporting Period:
- 2013-02-15
- Filing Date:
- 2013-02-20
- Accepted Time:
- 2013-02-20 20:03:54
- 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 |
|---|---|---|---|---|---|---|---|
| 1529069 | B. Matthew Kelpy | 22000 Aol Way Dulles VA 20166 | Controller And C A O | 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 | 2013-02-15 | 4,428 | $0.00 | 14,213 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2013-02-15 | 3,336 | $16.26 | 17,549 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2013-02-15 | 3,336 | $39.08 | 14,213 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | 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 Per Share | Stock Option (right to buy) | Disposition | 2013-02-15 | 3,336 | $0.00 | 3,336 | $16.26 |
| Common Stock, Par Value $0.01 Per Share | Stock Option (right to buy) | Acquisiton | 2013-02-15 | 5,315 | $0.00 | 5,315 | $39.52 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,009 | 2022-02-14 | No | 4 | M | Direct | |
| 5,315 | 2023-02-14 | No | 4 | A | Direct |
Footnotes
- Represents restricted stock units granted pursuant to the AOL Inc. 2010 Stock Incentive Plan (the "Plan"). This award of restricted stock units will vest over four years such that one half of the restricted stock units will vest on February 15, 2015, and the remaining one half will vest in two equal installments on February 15, 2016 and February 15, 2017. This award of restricted stock units will be paid in stock to the Reporting Person within sixty days of vesting.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2012.
- 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 February 15, 2013 and, subject to the Reporting Person's continuous employment on each vesting date, the remaining shares subject to the stock option will vest and become exercisable on a pro rata monthly basis for the 36 month period thereafter.
- Represents stock options granted pursuant to the Plan.
- The option becomes exercisable over a four-year period subject to the Reporting Person's continuous employment on each vesting date. Subject to the Reporting Person's continuous employment on each vesting date, one quarter of the shares subject to the option will vest and become exercisable on February 15, 2014 and the remaining shares subject to the option will vest and become exercisable on a pro rated monthly basis for the next 36 months.
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