Filing Details
- Accession Number:
- 0001127602-12-007422
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-22 16:53:17
- Reporting Period:
- 2012-02-20
- Filing Date:
- 2012-02-22
- Accepted Time:
- 2012-02-22 16:53:17
- 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 |
---|---|---|---|---|---|---|---|
1200608 | A Carol Melton | 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 | 2012-02-20 | 15,388 | $0.00 | 37,072 | No | 4 | A | Direct | |
Common Stock, Par Value $.01 | Disposition | 2012-02-20 | 6,985 | $37.70 | 30,087 | No | 4 | F | Direct | |
Common Stock, Par Value $.01 | Disposition | 2012-02-20 | 1 | $37.70 | 30,086 | No | 4 | S | Direct | |
Common Stock, Par Value $.01 | Acquisiton | 2012-02-20 | 5,872 | $0.00 | 35,958 | No | 4 | M | Direct | |
Common Stock, Par Value $.01 | Disposition | 2012-02-20 | 2,580 | $37.70 | 33,378 | 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 | 2012-02-20 | 5,872 | $0.00 | 5,872 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
25,932 | 2012-02-20 | 2012-02-20 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, Par Value $.01 | 321 | Indirect | By Savings Plan |
Common Stock, Par Value $.01 | 2,846 | Indirect | By Spouse |
Common Stock, Par Value $.01 | 3,602 | Indirect | By Spouse's 401(k) Plan |
Footnotes
- Shares of common stock acquired upon the vesting of performance stock units awarded on February 20, 2009. 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 2009-2011 performance period.
- 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 Exchange Act of 1934.
- Cash payment in lieu of fractional shares. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
- 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.
- 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.
- The Reporting Person disclaims beneficial ownership of these shares, which are held by her spouse.
- The Reporting Person disclaims beneficial ownership of these shares, which were purchased in her spouse's 401(k) plan.
- These restricted stock units vest in two equal installments on the third and fourth anniversaries of their dates of grant, March 7, 2008, February 20, 2009, February 8, 2010 and February 7, 2011.