When were the shares of AOL distributed? Were physical stock certificates for the AOL shares distributed?

The distribution date for the AOL shares was December 9, 2009.

See above regarding two scenarios that could preclude the distribution of AOL shares to you.

If you were entitled to receive shares of AOL, you did not receive any physical stock certificates for the AOL shares. Instead:

  • If you were a registered Time Warner stockholder in December 2009: The book-entry account statement reflecting your ownership of AOL stock was mailed to you on or about December 17, 2009. If you were otherwise entitled to a fractional share, a cash payment in lieu of the fractional share was mailed separately, on or about December 22, 2009.
  • If you were a beneficial Time Warner stockholder (in other words, if you held your shares through a broker, bank or other nominee) in December 2009: Your brokerage account should have been credited with the AOL shares following the distribution date of December 9, 2009. If you were otherwise entitled to a fractional share, your brokerage account should have been credited with a cash payment in lieu of the fractional share. Each broker, bank or other nominee has its own processes for handling the cash received from Time Warner in lieu of fractional shares. You should contact your broker, bank or other nominee for more information.

See below regarding the treatment of fractional shares of AOL common stock.

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