0001127602-14-020527.txt : 20140624 0001127602-14-020527.hdr.sgml : 20140624 20140610193711 ACCESSION NUMBER: 0001127602-14-020527 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140606 FILED AS OF DATE: 20140610 DATE AS OF CHANGE: 20140610 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Time Inc. CENTRAL INDEX KEY: 0001591517 STANDARD INDUSTRIAL CLASSIFICATION: PERIODICALS: PUBLISHING OR PUBLISHING AND PRINTING [2721] IRS NUMBER: 133486363 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1271 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 212 522 1212 MAIL ADDRESS: STREET 1: 1271 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RIPP JOSEPH A CENTRAL INDEX KEY: 0001247412 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36218 FILM NUMBER: 14903290 MAIL ADDRESS: STREET 1: 220000 AOL WAY STREET 2: AOL LATIN AMERICA CITY: DULLES STATE: VA ZIP: 20166 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2014-06-06 0001591517 Time Inc. TIME 0001247412 RIPP JOSEPH A C/O TIME INC. 1271 AVENUE OF THE AMERICAS NEW YORK NY 10020 1 1 Chairman & CEO Common Stock, par value $0.01 2014-06-06 4 A 0 167836 0 A 168385 D Stock Option (right to buy) 22.35 2014-06-06 4 A 0 641375 0 A 2023-11-14 Common Stock, par value $0.01 641375 641375 D Represents restricted stock units granted pursuant to the Time Inc. 2014 Omnibus Incentive Compensation Plan (the "Plan"). Pursuant to the Reporting Person's Employment Agreement with Time Inc. effective as of October 31, 2013 (the "Employment Agreement") and in accordance with the Plan, each restricted stock unit held by the Reporting Person immediately before the legal and structural separation of Time Inc. from Time Warner Inc. (the "Spin-off") that was granted to the Reporting Person pursuant to an equity plan of Time Warner Inc. has been converted into a restricted stock unit of Time Inc. on substantially the same terms as such Time Warner Inc. restricted stock units (other than with respect to the number and type of shares covered thereby). 20% of the restricted stock units will vest on each of September 3, 2014, September 3, 2015, September 3, 2016, September 3, 2017 and September 3, 2018, respectively. Includes shares of Time Inc. common stock received in connection with the Spin-off in an exempt transaction pursuant to Rule 16a-9. Represents stock options granted pursuant to the Plan. Pursuant to the Reporting Person's Employment Agreement and in accordance with the Plan, each stock option held by the Reporting Person immediately before the Spin-off that was granted to the Reporting Person pursuant to an equity plan of Time Warner Inc. has been converted into a stock option of Time Inc. on substantially the same terms as such Time Warner Inc. stock options (other than with respect to the number and type of shares covered thereby and the related exercise price). 20% of the stock options will vest on each of September 3, 2014, September 3, 2015, September 3, 2016, September 3, 2017 and September 3, 2018, respectively. /s/ Kevin Tang, Attorney-in-Fact for Joseph A. Ripp 2014-06-10