SEC Form 4 · accession 0001127602-15-008002
AOL Inc. · AOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie M Jacobs
Officer — EVP,Gnrl. Counsel & Corp. Sec.
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 5:02 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 $0.01 | Feb 20, 2015 | S | 6,401 | $40.42 | D | 31,823 | D | |
| Common Stock, Par Value $0.01 | Feb 20, 2015 | M | 1,097 | $18.84 | A | 32,920 | D | |
| Common Stock, Par Value $0.01 | Feb 20, 2015 | S | 1,097 | $40.42 | D | 31,823 | D | |
| Common Stock, Par Value $0.01 | Feb 20, 2015 | M | 2,779 | $16.26 | A | 34,602 | D | |
| Common Stock, Par Value $0.01 | Feb 20, 2015 | S | 2,779 | $40.42 | D | 31,823 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $18.84 | Feb 20, 2015 | M | 1,097 | D | — | Feb 14, 2021 | Common Stock, Par Value $0.01 | 1,097 | 0 | D |
| Stock Option (Right to Buy)F3 | $16.26 | Feb 20, 2015 | M | 2,779 | D | — | Feb 14, 2022 | Common Stock, Par Value $0.01 | 2,779 | 11,134 | D |
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2014.
- F2One quarter of the shares subject to the stock option vested on February 4, 2012 and subject to the reporting person's continuous employment on each vesting date, the remaining shares subject to the stock option have vested and become exercisable on a pro rata monthly basis for the 36 month period thereafter.
- F3One quarter of the shares subject to the stock option vested on February 15, 2013 and subject to the reporting person's continuous employment on each vesting date, the remaining shares subject to the stock option have vested or will vest and become exercisable on a pro rata monthly basis for the 36 month period thereafter.