SEC Form 4 · accession 0001127602-18-004331

WARNER MEDIA, LLC · TWX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 5, 2018

Accepted (ET)

Feb 6, 2018 · 5:04 pm EST

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	Feb 5, 2018	M	4,019	$24.90	A	44,959	D
Common Stock, Par Value $.01^F1,F2	Feb 5, 2018	S	4,019	$97.20	D	40,940	D
Common Stock, Par Value $.01^F3	holding	—	—		—	3,845	I	By LLC

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	$24.90	Feb 5, 2018	M	4,019	D	—	Jul 22, 2019	Common Stock, Par Value $.01	4,019	0	D

F1This transaction was executed in multiple trades at prices ranging from $97.17 to $97.218. The price reported above reflects the weighted average purchase price.
F2The 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.
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.
F4This option is currently exercisable