0001127602-18-003698.txt : 20180202 0001127602-18-003698.hdr.sgml : 20180202 20180202163110 ACCESSION NUMBER: 0001127602-18-003698 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180108 FILED AS OF DATE: 20180202 DATE AS OF CHANGE: 20180202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Moreno Erik I CENTRAL INDEX KEY: 0001653263 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36218 FILM NUMBER: 18571122 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 2018-01-08 0001591517 Time Inc. TIME 0001653263 Moreno Erik I C/O TIME INC. 225 LIBERTY STREET NEW YORK NY 10281 1 EVP & Pres., Corp. Development Stock Option (right to buy) 14.20 2018-01-08 4 A 0 200000 14.20 A 2018-01-31 2020-07-23 Common Stock, par value $0.01 200000 200000 D On July 24, 2017, the reporting person was granted an option to purchase 200,000 shares of common stock. The number of options eligible to vest was subject to the Company's achievement, by December 31, 2017, of four operational performance goals. On January 8, 2018, the Company determined that all four operational performance goals were achieved and that, therefore, all 200,000 options were eligible to vest, solely upon continued performance of service, in equal installments on the first and second anniversaries of the grant date. However, these options became exercisable in full, on an accelerated basis, on January 31, 2018, by reason of the merger of the Company with a wholly-owned subsidiary of Meredith Corporation. /s/ Monika Roth, Attorney-in-Fact for Erik I. Moreno 2018-02-02