Filing Details

Accession Number:
0001127602-10-007330
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-03 12:00:00
Reporting Period:
2010-03-02
Filing Date:
2010-03-03
Accepted Time:
2010-03-03 20:24:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1105705 Time Warner Inc. TWX Services-Motion Picture & Video Tape Production (7812) 134099534
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1277484 I Edward Adler One Time Warner Center
New York NY 10019-8016
Executive Vice President 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 2010-03-02 4,711 $0.00 18,976 No 4 A Direct
Common Stock, Par Value $.01 Disposition 2010-03-02 1,826 $29.67 17,150 No 4 F Direct
Common Stock, Par Value $.01 Disposition 2010-03-02 1 $29.67 17,149 No 4 S Direct
Common Stock, Par Value $.01 Acquisiton 2010-03-02 3,658 $0.00 20,807 No 4 M Direct
Common Stock, Par Value $.01 Disposition 2010-03-02 1,538 $29.67 19,269 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
No 4 M Direct
No 4 F 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 2010-03-02 3,658 $0.00 3,658 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
43,543 2010-03-02 2010-03-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $.01 3,330 Indirect By Savings Plan
Footnotes
  1. Shares of common stock acquired upon the vesting of performance stock units awarded on March 2, 2007. The Reporting Person received one share of common stock for each performance stock unit that vested. Vesting of the performance stock units was contingent upon the Issuer's achievement of certain performance criteria during the 2007-2009 performance period.
  2. Includes previously acquired shares of common stock that have been adjusted to reflect a one-for-three reverse stock split of the Issuer's common stock that became effective on March 27, 2009. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, this adjustment transaction is not required to be reported.
  3. Payment of tax liability by withholding shares of common stock incident to the vesting of performance stock units or restricted stock units in accordance with Rule 16b-3 of the Securities Act of 1934.
  4. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
  5. Shares of common stock acquired upon the vesting of restricted stock units awarded on March 2, 2007.
  6. 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.
  7. The Time Warner Savings Plan, a qualified employee benefit plan.
  8. These restricted stock units vest in two equal installments on the third and fourth anniversaries of their dates of grant, March 3, 2006, March 2, 2007, March 7, 2008, February 20, 2009 and February 8, 2010.