FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/28/2010 |
3. Issuer Name and Ticker or Trading Symbol
AOL Inc. [ AOL ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock, par value $0.01 | 77,134(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | 12/31/2009(2) | 12/31/2019 | Common Stock, par value $0.01 | 76,923(3) | $23.28 | D |
Explanation of Responses: |
1. Includes 76,923 restricted stock units granted pursuant to the AOL Inc. Stock Incentive Plan (the "Plan"). The restricted stock units will vest over four years such that one half of the restricted stock units will vest on December 31, 2011, and the remaining one half will vest in two equal installments on December 31, 2012 and December 31, 2013. The restricted stock units will be paid in stock to the Reporting Person within thirty days of vesting. Also includes 211 shares of AOL Inc. common stock received by the Reporting Person in connection with the legal and structural separation of AOL Inc. from Time Warner Inc. |
2. The shares subject to the stock option vest over four years. One quarter of the shares subject to the stock option will vest on December 31, 2010 and, in each of the one year periods ending December 31, 2011, December 31, 2012, and December 31, 2013 respectively, one quarter of the shares subject to the stock option will vest monthly in twelve equal installments. |
3. Represents stock options granted pursuant to the Plan. |
Remarks: |
Exhibit List Exhibit 99 - Confirming Statement |
/s/ Erin Tulk as authorized signatory for David John Harmon | 02/04/2010 | |
** 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 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |