SEC Form 4 · accession 0001127602-15-019500
WARNER MEDIA, LLC · TWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen F Bollenbach
Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 2, 2015 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001105705
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $.01F2,F3 | Jun 1, 2015 | M | 1,474 | $0.00 | A | 27,278 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Jun 1, 2015 | M | 1,474 | D | Jun 1, 2015 | Jun 1, 2015 | Common Stock, Par Value $.01 | 1,474 | 0 | D |
Explanation of responses
- F1The common stock was acquired as a result of the vesting of restricted stock units awarded on June 14, 2014.
- F2Each 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.
- F3Includes previously granted shares of restricted stock that have been adjusted to reflect the legal and structural separation of Time Inc. from Time Warner Inc. on June 6, 2014. Pursuant to the exemption under Rule 16a-9(a) of the Securities Exchange Act of 1934, the adjustment is not required to be reported.