Filing Details

Accession Number:
0001127602-17-034248
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-08 17:03:25
Reporting Period:
2017-12-07
Accepted Time:
2017-12-08 17:03:25
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
1237443 L Jeffrey Bewkes One Time Warner Center
New York NY 10019
Chairman Of The Board And Ceo Yes 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 2017-12-07 329,478 $33.22 855,925 No 4 M Direct
Common Stock, Par Value $.01 Disposition 2017-12-07 314,778 $90.63 541,147 No 4 S Direct
Common Stock, Par Value $.01 Disposition 2017-12-07 14,700 $90.99 526,447 No 4 S Direct
Common Stock, Par Value $.01 Acquisiton 2017-12-07 147,576 $33.22 674,023 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $.01 Employee Stock Option (Right to Buy) Disposition 2017-12-07 329,478 $0.00 329,478 $33.22
Common Stock, Par Value $.01 Employee Stock Option (Right to Buy) Disposition 2017-12-07 147,576 $0.00 147,576 $33.22
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
147,576 2017-12-16 No 4 M Direct
0 2017-12-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $.01 39,761 Indirect By Savings Plan
Footnotes
  1. Shares of common stock acquired upon the exercise of stock options. A portion of such shares were sold in the open market to pay the exercise price, broker commission and tax withholdings. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2017.
  2. This transaction was executed in multiple trades at prices ranging from $89.905-$90.90. The price reported above reflects the weighted average sale price.
  3. 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.
  4. This transaction was executed in multiple trades at prices ranging from $90.91-$91.16. The price reported above reflects the weighted average sale price.
  5. 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.
  6. This option is currently exercisable.