SEC Form 4 · accession 0001127602-15-019161
AOL Inc. · AOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Edward Pence IV
Officer — EVP & Chief Technology Officer
Period of report
May 29, 2015
Accepted (ET)
Jun 1, 2015 · 5:03 pm EDT
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,F2 | May 29, 2015 | F | 1,986 | $50.01 | D | 22,070 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 29, 2015, 5,370 restricted stock units granted to the Reporting Person vested. In this regard, the Reporting Person received 3,384 shares of AOL Inc. (the "Company") stock and 1,986 shares were withheld automatically in accordance with the Reporting Person's Restricted Stock Units Agreement with the Company in order to satisfy the tax liability that arose upon vesting of the restricted stock units.
- F2Reflects the closing price of the shares on May 29, 2015.