X0306 4 2015-06-01 0001105705 TIME WARNER INC. TWX 0001196111 BARR WILLIAM P ONE TIME WARNER CENTER NEW YORK NY 10019 1 Common Stock, Par Value $.01 2015-06-01 4 M 0 1474 0 A 38478 D Common Stock, Par Value $.01 3845 I By LLC Restricted Stock Units 2015-06-01 4 M 0 1474 0 D 2015-06-01 2015-06-01 Common Stock, Par Value $.01 1474 0 D The common stock was acquired as a result of the vesting of restricted stock units awarded on June 14, 2014. Each restricted stock unit represents a contingent right to receive one share of common stock. The Reporting Person received one share of common stock for each restricted stock unit that vested. The Barr Family LLC, of which the Reporting Person is the manager and in which the Reporting Person and his spouse jointly own a 1% interest and his adult children collectively own a 99% interest. The Reporting Person disclaims beneficial ownership of the shares held by The Barr Family LLC, except with respect to the 1% pecuniary interest held jointly with his spouse, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of the reported shares (except to the extent of his pecuniary interest) for purposes of Section 16 or for any other purpose. By: Brenda C. Karickhoff for William P. Barr 2015-06-02