SEC Form 4 · accession 0001127602-16-038282
WARNER MEDIA, LLC · TWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen Magee
Officer — Executive Vice President
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 6:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001105705
Table I — non-derivative securities
No Table I lines on this filing.
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,F1,F3,F4 | — | Jan 27, 2016 | A | 3,964 | A | — | — | Common Stock, Par Value $.01 | 3,964 | 29,336 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of common stock.
- F2These restricted stock units were awarded on February 15, 2015 and were subject to a performance condition, which the Compensation and Human Development Committee certified on January 27, 2016 had been satisfied.
- F3These restricted stock units vest in four equal installments on the first four anniversaries of their date of grant, February 15, 2015.
- F4These restricted stock units include (i) restricted stock units that vest in two equal installments on the third and fourth anniversaries of the following dates of grant: February 15, 2012 and February 15, 2013, and (ii) restricted stock units that vest in four equal installments on the first four anniversaries of the following dates of grant: February 15, 2014, and February 15, 2015.