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
- Shares of common stock acquired upon the vesting of restricted stock units awarded on February 20, 2009.
- 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.
- Payment of tax liability by withholding shares of common stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
- Cash payment in lieu of fractional shares. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2012.
- 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.
- 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.
- 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.
- 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.
- This option is currently exercisable.