SEC Form 4 · accession 0001127602-15-021399
Time Inc. · TIME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman Pearlstine
Officer — EVP & Chief Content Officer
Period of report
Jun 23, 2015
Accepted (ET)
Jun 25, 2015 · 6:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591517
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 | Jun 23, 2015 | F | 2,089 | $23.67 | D | 26,976 | D | |
| Common Stock, par value $0.01F2 | holding | — | — | — | 91 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 23, 2015, the reporting person had 3,744 restricted stock units vest, of which 2,089 shares were withheld for taxes.
- F2The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.