X0303 4 2011-01-01 1 0001105705 TIME WARNER INC. TWX 0001237450 FILIKRUSHEL PATRICIA ONE TIME WARNER CENTER NEW YORK NY 10019-8016 1 Executive Vice President Common Stock, Par Value $.01 2011-01-01 4 M 0 51651.771 0 A 62440.771 D Common Stock, Par Value $.01 258 I By Savings Plan Restricted Stock Units 2011-01-01 4 M 0 51651.771 0 D 2011-01-01 Common Stock, Par Value $.01 51651.771 0 D All unvested restricted stock units have vested in connection with the Reporting Person's retirement on January 1, 2011 as an executive officer of Time Warner Inc. Shares of common stock will be delivered to the Reporting Person on July 2, 2011 and shares may be withheld at that time to pay any taxes due in connection with such vesting. Each restricted stock unit represents a contingent right to receive one share of common stock. The Reporting Person will receive one share of common stock for each restricted stock unit that vests. The Time Warner Savings Plan, a qualified employee benefit plan (the "Savings Plan"). Includes shares of common stock acquired through the reinvestment of dividends paid on the common stock held by the Savings Plan. By: Brenda C. Karickhoff for Patricia Fili-Krushel 2011-01-04