Filing Details

Accession Number:
0001225208-14-005135
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-19 16:58:39
Reporting Period:
2014-02-14
Filing Date:
2014-02-19
Accepted Time:
2014-02-19 16:58:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1377013 Time Warner Cable Inc. TWC Cable & Other Pay Television Services (4841) 841496755
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187207 Glenn Britt C/O Time Warner Cable Inc.
60 Columbus Circle
New York NY 10023
Yes No 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 Per Share Acquisiton 2014-02-14 22,049 $0.00 189,331 No 4 M Direct
Common Stock, Par Value $.01 Per Share Disposition 2014-02-14 11,789 $146.00 177,542 No 4 F Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2014-02-18 30,000 $45.15 207,542 No 4 M Direct
Common Stock, Par Value $.01 Per Share Disposition 2014-02-18 4,104 $145.62 203,438 No 4 S Direct
Common Stock, Par Value $.01 Per Share Disposition 2014-02-18 25,896 $145.07 177,542 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S 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 Per Share Restricted Stock Units Disposition 2014-02-14 22,049 $0.00 22,049 $0.00
Common Stock, Par Value $.01 Per Share Employee Stock Option (Right to Buy) Disposition 2014-02-18 30,000 $0.00 30,000 $45.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
106,639 No 4 M Direct
357,800 2018-12-31 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $.01 Per Share 29 Indirect By Spouse
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
  2. Payment of tax liability by withholding shares of Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
  3. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 26, 2013.
  4. This transaction was executed in multiple trades at prices ranging from $145.51 to $145.94. 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 Cable Inc. or a security holder of Time Warner Cable Inc., full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 4 and 5 to this Form 4.
  5. This transaction was executed in multiple trades at prices ranging from $144.51 to $145.50. The price reported above reflects the weighted average sale price.
  6. This award of restricted stock units originally vested in two equal installments on the third and fourth anniversaries of the date of grant, February 17, 2011. As a result of the Reporting Person's retirement from Time Warner Cable Inc. on December 31, 2013, the distribution of the second installment has been accelerated to June 30, 2014. Shares of Common Stock are issued to the Reporting Person upon vesting of the restricted stock units.
  7. These restricted stock units may have different vesting and distribution dates. Fractional restricted stock units are paid in cash upon vesting.
  8. This option, originally exercisable in increments of 25% on the first four anniversaries of the date of grant, February 12, 2010, became fully exercisable on December 31, 2013, the date the Reporting Person retired from Time Warner Cable Inc.
  9. The expiration date of this option was accelerated from February 11, 2020 to December 31, 2018, as a result of the Reporting Person's retirement from Time Warner Cable Inc.