Filing Details

Accession Number:
0001127602-13-007360
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-21 18:20:27
Reporting Period:
2013-02-20
Filing Date:
2013-02-21
Accepted Time:
2013-02-21 18:20:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1105705 Time Warner Inc. TWX Cable & Other Pay Television Services (4841) 134099534
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1237444 T Paul Cappuccio One Time Warner Center
New York NY 10019-8016
Evp And General Counsel 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 $.01 Acquisiton 2013-02-20 12,397 $0.00 124,364 No 4 M Direct
Common Stock, Par Value $.01 Disposition 2013-02-20 6,920 $53.23 117,444 No 4 F Direct
Common Stock, Par Value $.01 Disposition 2013-02-20 0 $53.23 117,444 No 4 S Direct
Common Stock, Par Value $.01 Acquisiton 2013-02-20 28,885 $15.27 146,329 No 4 M Direct
Common Stock, Par Value $.01 Disposition 2013-02-20 28,885 $53.53 117,444 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S 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 $.01 Restricted Stock Units Disposition 2013-02-20 12,397 $0.00 12,397 $0.00
Common Stock, Par Value $.01 Employee Stock Option (Right to Buy) Disposition 2013-02-20 28,885 $0.00 28,885 $15.27
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
56,565 2013-02-20 2013-02-20 No 4 M Direct
0 2019-02-19 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $.01 259 Indirect By Savings Plan
Footnotes
  1. Shares of common stock acquired upon the vesting of restricted stock units awarded on February 20, 2009.
  2. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The Reporting Person received one share of Common Stock for each restricted stock unit that vested.
  3. Payment of tax liability by withholding shares of common stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
  4. Cash payment in lieu of fractional shares. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
  5. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2012.
  6. This transaction was executed in multiple trades at prices ranging from $53.52 to $53.60. The price reported above reflects the weighted average sale price.
  7. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, Time Warner Inc. or a security holder of Time Warner Inc., full information regarding the number of shares and prices at which each transaction was effected.
  8. The Time Warner Savings Plan, a qualified employee benefit plan (the "Savings Plan"). Includes shares of common stock acquired through the reinvestment of dividends paid on the common stock held by the Savings Plan.
  9. These restricted stock units vest in two equal installments on the third and fourth anniversaries of their dates of grant, February 8, 2010, February 7, 2011 and February 15, 2012.
  10. This option is currently exercisable.