Filing Details

Accession Number:
0001127602-12-007424
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-22 16:55:15
Reporting Period:
2012-02-20
Filing Date:
2012-02-22
Accepted Time:
2012-02-22 16:55:15
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
1237443 L Jeffrey Bewkes One Time Warner Center
New York NY 10019-8016
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 2012-02-20 126,134 $0.00 382,911 No 4 A Direct
Common Stock, Par Value $.01 Disposition 2012-02-20 63,469 $37.70 319,442 No 4 F Direct
Common Stock, Par Value $.01 Disposition 2012-02-20 1 $37.70 319,441 No 4 S Direct
Common Stock, Par Value $.01 Acquisiton 2012-02-20 48,142 $0.00 367,583 No 4 M Direct
Common Stock, Par Value $.01 Disposition 2012-02-20 23,526 $37.70 344,057 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 48,142 $0.00 48,142 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
219,173 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 33,467 Indirect By Savings Plan
Footnotes
  1. 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.
  2. 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.
  3. Cash payment in lieu of fractional shares. This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
  4. Shares of common stock acquired upon the vesting of restricted stock units awarded on February 20, 2009.
  5. 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.
  6. 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.
  7. These restricted stock units vest in two equal installments on the third and fourth anniversaries of their dates of grant, February 20, 2009, February 8, 2010, and February 7, 2011.