0001225208-16-033751.txt : 20160520
0001225208-16-033751.hdr.sgml : 20160520
20160520195043
ACCESSION NUMBER: 0001225208-16-033751
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160518
FILED AS OF DATE: 20160520
DATE AS OF CHANGE: 20160520
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TIME WARNER CABLE INC.
CENTRAL INDEX KEY: 0001377013
STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841]
IRS NUMBER: 841496755
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 60 COLUMBUS CIRCLE, 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10023
BUSINESS PHONE: 212-364-8200
MAIL ADDRESS:
STREET 1: 60 COLUMBUS CIRCLE, 16TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10023
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MARCUS ROBERT D
CENTRAL INDEX KEY: 0001225752
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33335
FILM NUMBER: 161667615
MAIL ADDRESS:
STREET 1: C/O TIME WARNER CABLE INC.
STREET 2: 60 COLUMBUS CIRCLE, 17TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10023
4
1
doc4.xml
X0306
4
2016-05-18
1
0001377013
TIME WARNER CABLE INC.
TWC
0001225752
MARCUS ROBERT D
C/O TIME WARNER CABLE INC.
60 COLUMBUS CIRCLE
NEW YORK
NY
10023
1
1
Chairman & CEO
Common Stock, par value $.01 per share
2016-05-18
4
D
0
71638.0000
0
D
0.0000
D
Employee Stock Option (Right to Buy)
86.7600
2016-05-18
4
D
0
80936.0000
D
2023-02-12
Common Stock, par value $.01 per share
80936.0000
0.0000
D
Employee Stock Option (Right to Buy)
77.0400
2016-05-18
4
D
0
40566.0000
D
2022-02-15
Common Stock, par value $.01 per share
40566.0000
0.0000
D
Restricted Stock Units
2016-05-18
4
D
0
12660.0000
D
Common Stock, par value $.01 per share
12660.0000
223954.0000
D
Restricted Stock Units
2016-05-18
4
D
0
41072.0000
D
Common Stock, par value $.01 per share
41072.0000
182882.0000
D
Restricted Stock Units
2016-05-18
4
D
0
70914.0000
D
Common Stock, par value $.01 per share
70914.0000
111968.0000
D
Restricted Stock Units
2016-05-18
4
D
0
111968.0000
D
Common Stock, par value $.01 per share
111968.0000
0.0000
D
Issuer's common stock ("Common Stock") disposed of pursuant to the Agreement and Plan of Mergers, dated as of May 23, 2015, among the Issuer, Charter Communications, Inc., CCH I, LLC (now named Charter Communications, Inc., "New Charter") and other certain parties thereto (the "merger agreement").
In accordance with the terms of the merger agreement, each share of Common Stock was exchanged into the right to receive, pursuant to an election made by the Reporting Person, either (a) $100 in cash and 0.4891 of a share of New Charter Class A common stock ("New Charter common stock") or (b) $115 in cash and 0.4125 of a share of New Charter common stock.
In accordance with the terms of the merger agreement, each of these stock options was adjusted and converted into an option to purchase 0.92078178 of a share of New Charter common stock at an exercise price of $94.22 per share.
This option was exercisable in increments of 25% on the first four anniversaries of the date of grant, February 13, 2013.
In accordance with the terms of the merger agreement, each of these stock options was adjusted and converted into an option to purchase 0.92078178 of a share of New Charter common stock at an exercise price of $83.67 per share.
This option was exercisable in increments of 25% on the first four anniversaries of the date of grant, February 16, 2012.
Each restricted stock unit represented a contingent right to receive one share of Common Stock.
In accordance with the terms of the merger agreement, each of these restricted stock units was adjusted and converted into a restricted stock unit with respect to 0.92078178 of a share of New Charter common stock.
This award of restricted stock units vests in two equal installments on the third and fourth anniversaries of the date of grant, February 13, 2013. Shares of Common Stock would have been issued to the Reporting Person upon vesting of the restricted stock units.
This award of restricted stock units vests in two equal installments on the fifth and sixth anniversaries of the date of grant, June 2, 2015. Shares of Common Stock would have been issued to the Reporting Person upon vesting of the restricted stock units.
This award of restricted stock units vests in two equal installments on the third and fourth anniversaries of the date of grant, February 12, 2014. Shares of Common Stock would have been issued to the Reporting Person upon vesting of the restricted stock units.
This award of restricted stock units vests in three installments: 25% on the fourth anniversary, 50% on the fifth anniversary and 25% on the sixth anniversary of the date of grant, February 12, 2014. Shares of Common Stock would have been issued to the Reporting Person upon vesting of the restricted stock units.
Susan A. Waxenberg, Attorney in Fact
2016-05-20