SEC Form 4 · accession 0001209191-15-043366
CABLEVISION SYSTEMS CORP /NY · CVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
May 13, 2015
Accepted (ET)
May 15, 2015 · 4:35 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 StockF1,F2 | May 13, 2015 | M | 5,591 | $9.44 | A | 323,725 | D | |
| Cablevision NY Group Class A Common StockF3,F1,F2 | May 13, 2015 | S | 5,591 | $20.0358 | D | 318,134 | D | |
| Cablevision NY Group Class A Common StockF1,F2 | May 14, 2015 | M | 1,909 | $9.44 | A | 320,043 | D | |
| Cablevision NY Group Class A Common StockF4,F5 | holding | — | — | — | 46,018 | I | By spouse | |
| Cablevision NY Group Class A Common StockF6 | holding | — | — | — | 32,050 | I | By trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F8,F2,F7,F9 | $9.44 | May 13, 2015 | M | 5,591 | D | Nov 8, 2005 | Nov 8, 2015 | Cablevision NY Group Class A Common Stock | 5,591 | 1,909 | D |
| Options (Right to Buy)F8,F2,F7,F9 | $9.44 | May 14, 2015 | M | 1,909 | D | Nov 8, 2005 | Nov 8, 2015 | Cablevision NY Group Class A Common Stock | 1,909 | 0 | D |
Explanation of responses
- F1Includes restricted shares.
- F2Securities owned directly by Mr. Brian G. Sweeney and indirectly by his spouse, Deborah A. Dolan-Sweeney. Ms. Dolan-Sweeney disclaims beneficial ownership of these securities and this report shall not be deemed an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F3This transaction was executed in multiple trades at prices ranging from $20.035 to $20.036 per share. The price reported above reflects the weighted average sale price. Mr. Sweeney hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4Includes restricted stock units.
- F5Securities owned directly by Ms. Deborah A. Dolan-Sweeney and indirectly by her spouse, Mr. Brian G. Sweeney. Mr. Sweeney disclaims beneficial ownership of these securities and this report shall not be deemed an admission that he is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F6Securities held by trusts for which Mr. Brian G. Sweeney serves as co-trustee. Both he and Ms. Deborah A. Dolan-Sweeney disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that they are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.
- F7Each stock option was previously reported at an exercise price of $25.51, but has been adjusted to reflect unpaid dividends and The Madison Square Garden Company distribution and the AMC Networks, Inc. distribution.
- F8Exercise of options under the Company's Employee Stock Plan, exempt under Rule 16b-3.
- F9Options vested in three equal annual installments beginning on the date indicated.