Sec Form 4 Filing - Jacobs Julie M @ AOL Inc. - 2013-08-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Jacobs Julie M
2. Issuer Name and Ticker or Trading Symbol
AOL Inc. [ AOL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP,Gnrl. Counsel & Corp. Sec.
(Last) (First) (Middle)
22000 AOL WAY
3. Date of Earliest Transaction (MM/DD/YY)
08/09/2013
(Street)
DULLES, VA20166
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, Par Value $0.01 08/09/2013 M 160 A $ 20.16 40,772 D
Common Stock, Par Value $0.01 08/09/2013 S( 1 ) 160 D $ 36.77 40,612 D
Common Stock, Par Value $0.01 08/09/2013 M 361 A $ 18.84 40,973 D
Common Stock, Par Value $0.01 08/09/2013 S( 1 ) 361 D $ 36.77 40,612 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indi rect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 20.16 08/09/2013 M 160 ( 2 ) 12/30/2019 Common Stock, Par Value $0.01 160 $ 0 810 D
Stock Option (Right to Buy) $ 18.84 08/09/2013 M 361 ( 3 ) 02/14/2021 Common Stock, Par Value $0.01 361 $ 0 6,504 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jacobs Julie M
22000 AOL WAY
DULLES, VA20166
EVP,Gnrl. Counsel & Corp. Sec.
Signatures
/s/ Uche Ndumele as authorized signatory for Julie M. Jacobs 08/12/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 10, 2013.
( 2 )One quarter of the shares subject to the stock option vested on December 31, 2010 and subject to the reporting person's continuous employment on each vesting date, the remaining shares subject to the stock option have vested or will vest and become exercisable on a pro rata monthly basis for the 36 month period thereafter.
( 3 )One quarter of the shares subject to the stock option vested on February 4, 2012 and subject to the reporting person's continuous employment on each vesting date, the remaining shares subject to the stock option have vested or will vest and become exercisable on a pro rata monthly basis for the 36 month period thereafter.

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 4(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).

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