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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2005-02-14 Tax Withholding |
2005-02-15 5:49 pm | TIME WARNER INC | TWX | KIMMITT ROBERT M (Executive Vice President) | 3,536 | $17.91 | $63,312 | 73,697 (Direct) | View |
| 2004-06-30 Tax Withholding |
2004-07-01 5:34 pm | TIME WARNER INC | TWX | KIMMITT ROBERT M (Executive Vice President) | 1,341 | $17.55 | $23,528 | 77,233 (Direct) |
View |
| 2004-02-13 Option Award |
2004-02-17 8:32 pm |
TIME WARNER INC | TWX | KIMMITT ROBERT M (Executive Vice President) | 25,000 | $0 | $0 | 78,574 (Direct) |
View |
| Transaction & Date | Reported Date | Exercisable Expiration |
Company | Symbol | Insider Relationship | Shares Traded |
Conversion Price | Shares Ownership | Filing |
| 2005-02-18 Option Award | 2005-02-22 5:36 pm | N/A 2015-02-17 | TIME WARNER INC | TWX | KIMMITT ROBERT M (Executive Vice President) | 37,500 | $17.97 | 37,500 (Direct) |
View |
| 2005-02-18 Option Award |
2005-02-22 5:36 pm | N/A N/A |
TIME WARNER INC | TWX | KIMMITT ROBERT M (Executive Vice President) | 9,000 | $0 | 9,000 (Direct) | View |
| 2004-02-13 Option Award | 2004-02-17 8:32 pm |
N/A 2014-02-12 | TIME WARNER INC | TWX | KIMMITT ROBERT M (Executive Vice President) | 100,000 | $17.28 | 100,000 (Direct) | View |
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