SEC Form 4 · accession 0001127602-15-029791
WARNER MEDIA, LLC · TWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jessica P Einhorn
Director
Period of report
Oct 28, 2015
Accepted (ET)
Oct 29, 2015 · 5:13 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 $.01 | Oct 28, 2015 | M | 4,019 | $43.00 | A | 24,934 | D | |
| Common Stock, Par Value $.01 | Oct 28, 2015 | M | 4,019 | $32.61 | A | 28,953 | D | |
| Common Stock, Par Value $.01 | Oct 28, 2015 | M | 4,880 | $35.27 | A | 33,833 | D | |
| Common Stock, Par Value $.01 | Oct 28, 2015 | M | 5,336 | $33.81 | A | 39,169 | D | |
| Common Stock, Par Value $.01 | Oct 28, 2015 | M | 2,996 | $56.83 | A | 42,165 | D | |
| Common Stock, Par Value $.01F2,F3 | Oct 28, 2015 | S | 21,250 | $75.00 | D | 20,915 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F4 | $43.00 | Oct 28, 2015 | M | 4,019 | D | — | May 18, 2017 | Common Stock, Par Value $.01 | 4,019 | 0 | D |
| Director Stock Option (Right to Buy)F4 | $32.61 | Oct 28, 2015 | M | 4,019 | D | — | May 16, 2018 | Common Stock, Par Value $.01 | 4,019 | 0 | D |
| Director Stock Option (Right to Buy)F4 | $35.27 | Oct 28, 2015 | M | 4,880 | D | — | May 20, 2021 | Common Stock, Par Value $.01 | 4,880 | 0 | D |
| Director Stock Option (Right to Buy)F4 | $33.81 | Oct 28, 2015 | M | 5,336 | D | — | May 15, 2022 | Common Stock, Par Value $.01 | 5,336 | 0 | D |
| Director Stock Option (Right to Buy)F4 | $56.83 | Oct 28, 2015 | M | 2,996 | D | — | May 23, 2023 | Common Stock, Par Value $.01 | 2,996 | 0 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 8, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $75.00 to $75.01. The price reported above reflects the weighted average sale price.
- F3The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, Time Warner Inc. or a security holder of Time Warner Inc., full information regarding the number of shares and prices at which each transaction was effected.
- F4This option is currently exercisable.