SEC Form 4 · accession 0001127602-16-056069
CABLEVISION SYSTEMS CORP /NY · CVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Ryan
Director
Period of report
Jun 21, 2016
Accepted (ET)
Jun 22, 2016 · 3:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Cablevision NY Group Class A Common StockF2,F3,F4 | Jun 21, 2016 | D | 70,474 | $34.90 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposition pursuant to the terms of the Agreement and Plan of Merger, dated as of September 16, 2015 (the "Merger Agreement"), by and among Cablevision Systems Corporation, Altice N.V. and Neptune Merger Sub Corp., exempt under Rule 16b-3.
- F2Includes shares of the Issuer's Class A common stock underlying restricted stock units.
- F3Pursuant to the terms of the Merger Agreement, at the Effective Time (as defined the Merger Agreement), each outstanding share of the Issuer's Class A Common Stock beneficially owned by the reporting persons immediately prior to the Effective Time was cancelled and converted into the right to receive $34.90 in cash (the "Per Share Merger Consideration"), without interest, less any applicable withholding taxes.
- F4Pursuant to the terms of the Merger Agreement, at the Effective Time (as defined the Merger Agreement), each restricted stock unit of the Issuer held by the reporting person immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash equal to the number of shares subject to such restricted stock unit immediately prior to the Effective Time (as defined in the Merger Agreement) multiplied by the Per Share Merger Consideration.