0001127602-18-003827.txt : 20180202 0001127602-18-003827.hdr.sgml : 20180202 20180202172844 ACCESSION NUMBER: 0001127602-18-003827 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180131 FILED AS OF DATE: 20180202 DATE AS OF CHANGE: 20180202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: D'Emic Susana CENTRAL INDEX KEY: 0001518367 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36218 FILM NUMBER: 18572005 MAIL ADDRESS: STREET 1: C/O TIME INC. STREET 2: 225 LIBERTY STREET CITY: NEW YORK STATE: NY ZIP: 10281 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: 225 LIBERTY STREET CITY: NEW YORK STATE: NY ZIP: 10281 BUSINESS PHONE: 212-522-1212 MAIL ADDRESS: STREET 1: 225 LIBERTY STREET CITY: NEW YORK STATE: NY ZIP: 10281 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2018-01-31 0001591517 Time Inc. TIME 0001518367 D'Emic Susana C/O TIME INC. 225 LIBERTY STREET NEW YORK NY 10281 1 EVP & Chief Financial Officer Common Stock, par value $0.01 2018-01-31 4 D 0 42308 D 13850 D Common Stock, par value $0.01 2018-01-31 4 D 0 13850 18.50 D 0 D Common Stock, par value $0.01 2018-01-31 4 M 0 17046 A 17046 D Common Stock, par value $0.01 2018-01-31 4 D 0 17046 D 0 D Stock Option (right to buy) 14.20 2018-01-31 4 D 0 200000 18.50 D 2018-01-31 2020-07-23 Common Stock, par value $0.01 200000 0 D Performance Stock Units 2018-01-31 4 M 0 17046 D 2018-03-15 Common Stock, par value $0.01 17046 0 D Disposed of pursuant to the Agreement and Plan of Merger, dated as of November 26, 2017, between the issuer, Meredith Corporation and certain other parties in exchange for 11,721 Meredith Corporation RSUs on the effective date of the merger. Represents the OPP units that vested as to 50% of the shares subject to the award, with the remainder of the shares forfeited. Each OPP unit was granted under the 2014 Omnibus Incentive Compensation Plan or the 2016 Omnibus Incentive Compensation Plan and represents a right to receive one share of common stock. Disposed of pursuant to the Agreement and Plan of Merger, dated as of November 26, 2017, between the issuer, Meredith Corporation and certain other parties in exchange for $18.50 per share on the effective date of the merger. This option, which provided for vesting in two equal installments beginning July 24, 2018, was canceled and converted into the right to receive an amount in cash, without interest, determined by multiplying (i) the excess of the per share merger consideration of $18.50 over the exercise price of such stock option by (ii) the number of shares of common stock underlying the stock option, less any applicable withholding taxes. Such transaction was exempt under Rule 16b-3. /s/ Monika Roth, Attorney-in-Fact for Susana D'Emic 2018-02-02