SEC Form 4 · accession 0001127602-17-020237
WARNER MEDIA, LLC · TWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Barr
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 2, 2017 · 2:38 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 | Jun 1, 2017 | M | 1,382 | $0.00 | A | 40,940 | D | |
| Common Stock, Par Value $.01F3 | holding | — | — | — | 3,845 | I | By LLC |
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, 2017 | M | 1,382 | D | Jun 1, 2017 | Jun 1, 2017 | Common Stock, Par Value $.01 | 1,382 | 0 | D |
Explanation of responses
- F1The common stock was acquired as a result of the vesting of restricted stock units awarded on June 18, 2016.
- 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.
- F3The Barr Family LLC, of which the Reporting Person is the manager and in which the Reporting Person and his spouse jointly own a 1% interest and his adult children collectively own a 99% interest. The Reporting Person disclaims beneficial ownership of the shares held by The Barr Family LLC, except with respect to the 1% pecuniary interest held jointly with his spouse, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of the reported shares (except to the extent of his pecuniary interest) for purposes of Section 16 or for any other purpose.