SEC Form 4 · accession 0001127602-15-003559
AOL Inc. · AOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Rosenthal
Officer — SVP & CEO AOL Membership Group
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 9:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001468516
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01F1 | Jan 28, 2015 | A | 11,315 | — | A | 33,018 | D | |
| Common Stock, Par Value $0.01F3 | Jan 28, 2015 | F | 1,873 | $43.84 | D | 31,145 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents segment performance share units ("SPSUs") granted pursuant to the AOL Inc. 2010 Stock Incentive Plan. 5,657 of the SPSUs vested on January 28, 2015, and subject to the reporting person's continued employment through the vesting date, the remaining one half will vest on January 28, 2016.
- F2In connection with the vesting of the 5,657 shares of AOL Inc. common stock ("shares") on January 28, 2015, 1,873 shares were withheld automatically in accordance with the reporting person's SPSU Award Agreement with AOL Inc. in order to satisfy the tax liability that arose upon vesting of the shares.
- F3Reflects the closing price of the shares on January 28, 2015.