SEC Form 4 · accession 0001127602-18-005541
WARNER MEDIA, LLC · TWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah C Wright
Director
Period of report
Feb 12, 2018
Accepted (ET)
Feb 13, 2018 · 4:53 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 12, 2018 | M | 4,019 | $32.61 | A | 27,785 | D | |
| Common Stock, Par Value $.01F1,F2 | Feb 12, 2018 | S | 4,019 | $93.61 | D | 23,766 | 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)F3 | $32.61 | Feb 12, 2018 | M | 4,019 | D | — | May 16, 2018 | Common Stock, Par Value $.01 | 4,019 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $93.59 to $93.61. 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.
- F3This option is currently exercisable.