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Filing Details

Accession Number:: 0001181431-10-024659
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-05-05 13:00:00
Reporting Period:: 2010-04-15

Filing Date:: 2010-05-05
Accepted Time:: 2010-05-05 19:45:44
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
1476604	M Timothy Armstrong	770 Broadway New York NY 10003	Chairman And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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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	Disposition	2010-04-15	153,271	$27.90	395,211	No	4	F	Direct
Common Stock, Par Value $0.01	Acquisiton	2010-05-04	466,300	$21.44	466,300	No	4	P	Indirect	By Armstrong Family Investment LLC
Common Stock, Par Value $0.01	Acquisiton	2010-05-05	48,000	$21.56	514,300	No	4	P	Indirect	By Armstrong Family Investment LLC
Common Stock, Par Value $0.01	Acquisiton	2010-05-05	4,300	$21.61	399,511	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	F	Direct
No	4	P	Indirect	By Armstrong Family Investment LLC
No	4	P	Indirect	By Armstrong Family Investment LLC
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.01	173,078	Indirect	By Polar Capital Group, LLC

Footnotes

On April 15, 2010, 339,365 restricted stock units previously granted to the reporting person vested. In this regard, the reporting person received 186,094 shares of AOL Inc. common stock ("shares") and 153,271 shares were withheld automatically as required by the reporting person's Restricted Stock Units Agreement with the Company dated December 9, 2009 in order to satisfy the tax liability that arose upon the vesting of the restricted stock units.
Reflects the average of the high and low trading prices for the shares on April 15, 2010.
Reflects the weighted average price of the shares acquired in the reported transaction. These shares were purchased in multiple transactions at prices ranging from $21.15 to $21.815, 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 purchased at each separate price within the ranges set forth in this footnote (3) to this Form 4.
Armstrong Family Investment LLC is a limited liability company owned solely by the reporting person and his immediate family.
Reflects the weighted average price of the shares acquired in the reported transaction. These shares were purchased in multiple transactions at prices ranging from $21.38 to $21.645, 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 purchased at each separate price within the ranges set forth in this footnote (5) to this Form 4.
Reflects the weighted average price of the shares acquired in the reported transaction. These shares were purchased in multiple transactions at prices ranging from $21.60 to $21.61, 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 purchased at each separate price within the ranges set forth in this footnote (6) to this Form 4.
As previously reported in Amendment No. 5 to the Form 10 filed by the Company on November 16, 2009, the reporting person has an ownership interest in Polar Capital Group, LLC, and Polar Capital Group, LLC previously received the reported securities as consideration related to the acquisition of Patch Media Corporation by the Company's predecessor-in-interest. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.