SEC Form 4 · accession 0001127602-17-006333
Time Inc. · TIME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susana D'Emic
Officer — EVP & Chief Financial Officer
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 4:50 pm EST
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 | Feb 13, 2017 | F | 1,290 | $19.20 | D | 41,720 | D | |
| Common Stock, par value $0.01F2 | Feb 13, 2017 | A | 15,625 | $19.20 | A | 57,345 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 13, 2017, the reporting person had 3,522 restricted stock units vest, of which 1,290 shares were withheld for taxes.
- F2Represents restricted stock units that are scheduled to vest ratably over four years on February 13 of each of 2018, 2019, 2020 and 2021.