SEC Form 4 · accession 0001209191-15-045472
CABLEVISION SYSTEMS CORP /NY · CVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Francis Dolan
Director · Other
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 5:30 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 | May 19, 2015 | M | 6,000 | $9.44 | A | 222,304 | D | |
| Cablevision NY Group Class A Common StockF2,F1 | May 19, 2015 | S | 6,000 | $20.791 | D | 216,304 | D | |
| Cablevision NY Group Class A Common StockF3 | holding | — | — | — | 2,628 | I | By spouse |
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)F5,F4,F6 | $9.44 | May 19, 2015 | M | 6,000 | D | Nov 8, 2005 | Nov 8, 2015 | Cablevision NY Group Class A Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Includes restricted shares and shares held jointly with spouse.
- F2This transaction was executed in multiple trades at prices ranging from $20.790 to $20.800 per share. The price reported above reflects the weighted average sale price. Mr. Dolan 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.
- F3Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that he is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F4Each 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.
- F5Exercise of options under the Company's Employee Stock Plan, exempt under Rule 16b-3.
- F6Options vested in three equal annual installments beginning on the date indicated.