SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Stern Peter C

(Last) (First) (Middle)
C/O TIME WARNER CABLE INC.
60 COLUMBUS CIRCLE

(Street)
NEW YORK NY 10023

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TIME WARNER CABLE INC. [ TWC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Strategy Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 per share 01/27/2011 M 14,318 A $35.6 14,318 D
Common Stock, par value $.01 per share 01/27/2011 M 2,851 A $23.48 17,169 D
Common Stock, par value $.01 per share 01/27/2011 M 2,271 A $33.8 19,440 D
Common Stock, par value $.01 per share 01/27/2011 M 957 A $33.8 20,397 D
Common Stock, par value $.01 per share 01/27/2011 S(1) 957 D $71.5 19,440 D
Common Stock, par value $.01 per share 01/27/2011 S(1) 2,271 D $71.5 17,169 D
Common Stock, par value $.01 per share 01/27/2011 S(1) 2,851 D $71.5 14,318 D
Common Stock, par value $.01 per share 01/27/2011 S(1) 14,318 D $71.5 0.0000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $23.48(2) 01/27/2011 M 2,851(2) (3) 02/12/2019 Common Stock, par value $.01 per share 2,851 $0.0000 37,054(2) D
Employee Stock Option (Right to Buy) $35.6(2) 01/27/2011 M 14,318(2) (4) 03/02/2018 Common Stock, par value $.01 per share 14,318 $0.0000 14,322(2) D
Employee Stock Option (Right to Buy) $33.8 01/27/2011 M 957 03/03/2010 03/02/2016 Common Stock, par value $.01 per share 957 $0.0000 0.0000 D
Employee Stock Option (Right to Buy) $33.8 01/27/2011 M 2,271 03/12/2010 03/02/2016 Common Stock, par value $.01 per share 2,271 $0.0000 0.0000 D
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 25, 2010.
2. On March 12, 2009, the Issuer (a) paid a cash dividend of $10.27 per share to all holders of record of its Class A common stock and Class B common stock on March 11, 2009 (the "Special Dividend"), (b) after payment of the Special Dividend, reclassified each share of its Class A common stock and Class B common stock into one share of its common stock (the "Recapitalization") and (c) after the Recapitalization, effected a 1-for-3 reverse stock split on all outstanding shares of its common stock (the "Reverse Stock Split"). The exercise price of and number of shares underlying this option award reflect antidilution adjustments effected in connection with the Special Dividend, the Recapitalization and the Reverse Stock Split.
3. This option is exercisable in increments of 25% on the first four anniversaries of the date of grant, February 13, 2009.
4. This option is exercisable in increments of 25% on the first four anniversaries of the date of grant, March 3, 2008.
Susan A. Waxenberg, Attorney in Fact 01/28/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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