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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
TIME WARNER INC. ONE TIME WARNER CENTER NEW YORK, NY 10019 |
X | |||
WARNER COMMUNICATIONS INC. ONE TIME WARNER CENTER NEW YORK, NY 10019 |
X |
Brenda C. Karickhoff, Senior Vice President of Time Warner, Inc. | 02/26/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 746,000,000 shares of Class A Common Stock of Time Warner Cable Inc., a Delaware corporation ("TWC"), and 75,000,000 shares of Class B Common Stock of TWC, were transferred by Warner Communications Inc., a Delaware corporation and a wholly owned subsidiary ("WCI") of Time Warner Inc., a Delaware corporation ("Time Warner") to Historic TW Inc., a Delaware corporation and a wholly owned subsidiary of Time Warner ("Historic TW"), in exchange for 41.407 shares of Series A Common Stock of WCI and 43.590 shares of Common Stock of WCI held by Historic TW, in connection with the legal and structural separation of TWC from Time Warner. |
(2) | 826,000,000 shares of Class A Common Stock of TWC were transferred by Historic TW to Time Warner in exchange for 35.070 shares of Common Stock of Historic TW held by Time Warner, in connection with the legal and structural separation of TWC from Time Warner. As a result of the transfer, Time Warner is the direct holder of 826,000,000 shares of Class A Common Stock of TWC. |
(3) | Includes 80,000,000 shares of Class A Common Stock of TWC issued by TWC to Historic TW in exchange for 14.1974 shares of Class B Common Stock of TW NY Cable Holding Inc., a Delaware corporation and a subsidiary of TWC ("TWNY"), in connection with the legal and structural separation of TWC from Time Warner. |
(4) | 3,287 shares of Class A Common Stock of TWC are held by Music Choice, a Pennsylvania partnership ("Music Choice") and a creditor of Adelphia Communications Corporation ("Adelphia"). Music Choice acquired the shares of Class A Common Stock of TWC through a distribution by Adelphia to its creditors in connection with Adelphia's plan of reorganization which occurred on February 13, 2007. WCI is a direct and indirect general partner of Music Choice. This filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act of 1934, as amended or otherwise, the beneficial owner of the shares of Class A Common Stock of TWC held by Music Choice. The Reporting Person disclaims beneficial ownership of the shares of Class A Common Stock of TWC held by Music Choice, except to the extent of its pecuniary interest therein. |
(5) | See Exhibit 99.1 - Joint Filer Information. |