SEC Form 4 · accession 0001127602-17-020251
WARNER MEDIA, LLC · TWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Wachter
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 2, 2017 · 2:44 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 | 1,313 | $0.00 | A | 11,553 | D | |
| Common Stock, Par Value $.01F3 | holding | — | — | — | 24,000 | I | By Trust |
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 | 1,313 | D | Jun 1, 2017 | Jun 1, 2017 | Common Stock, Par Value $.01 | 1,313 | 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 Wachter Family Trust, of which the Reporting Person and his spouse are the trustees and beneficiaries.