Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001127602-10-013092
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-04 13:00:00
Reporting Period:
2010-05-01
Filing Date:
2010-05-04
Accepted Time:
2010-05-04 19:10:49
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
1077846 A Michael Miles One Time Warner Center
New York NY 10019-8016
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 Acquisiton 2010-05-01 2,357 $0.00 24,221 No 4 M Direct
Common Stock, Par Value $.01 Disposition 2010-05-01 1 $33.48 24,220 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 Restricted Stock Units Disposition 2010-05-01 2,357 $0.00 2,357 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,122 2010-05-01 2010-05-01 No 4 M Direct
Footnotes
  1. The common stock was acquired as a result of the vesting of restricted stock units awarded on May 19, 2006, May 18, 2007, May 16, 2008 and May 29, 2009.
  2. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The Reporting Person receives one share of Common Stock for each restricted stock unit that vests.
  3. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
  4. Includes previously granted shares of restricted stock that have been adjusted to reflect the separation of Time Warner Cable Inc. and AOL Inc. from Time Warner Inc. on March 12, 2009 and on December 9, 2009, respectively. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, the adjustment is not required to be reported.
  5. These awards of restricted stock units vest in annual installments of 25% beginning on May 1, 2007 through May 1, 2010 for restricted stock units granted May 19, 2006, May 1, 2008 through May 1, 2011 for restricted stock units granted May 18, 2007, May 1, 2009 through May 1, 2012 for restricted stock units granted May 16, 2008 and May 1, 2010 through May 1, 2013 for restricted stock units granted May 29, 2009. The vested shares of Common Stock will be issued to the Reporting Person upon vesting.
  6. Includes previously granted restricted stock units that have been adjusted to reflect the separation of AOL Inc. from Time Warner Inc. on December 9, 2009. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, the adjustment transaction is not required to be reported.