SEC Form 4 · accession 0001209191-16-124049
CABLEVISION SYSTEMS CORP /NY · CVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
James Lawrence Dolan
Officer — CEO · Director · Other
Kristin A Dolan
Officer — COO · Director · Other
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 4:30 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,F2 | May 25, 2016 | M | 264,000 | $12.48 | A | 1,249,611 | D | |
| Cablevision NY Group Class A Common StockF1,F2 | May 25, 2016 | F | 182,209 | $34.64 | D | 1,067,402 | D | |
| Cablevision NY Group Class A Common StockF4,F5 | holding | — | — | — | 214,381 | I | By spouse | |
| Cablevision NY Group Class A Common StockF6,F7 | holding | — | — | — | 7,700 | I | By minor children | |
| Cablevision NY Group Class A Common StockF6,F8 | holding | — | — | — | 14,750 | I | By members of the household | |
| Cablevision NY Group Class A Common StockF5 | holding | — | — | — | 1,866 | I | By spouse's 401(k) |
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)F2,F9,F10 | $12.48 | May 25, 2016 | M | 264,000 | D | Jun 5, 2007 | Jun 5, 2016 | Cablevision NY Group Class A Common Stock | 264,000 | 0 | D |
Explanation of responses
- F1Includes shares held jointly with Kristin A. Dolan.
- F10Options vested in equal increments over three years beginning on June 5, 2007.
- F2Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan (other than securities held jointly with her spouse) and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F3Withholding of securities to pay exercise price and tax withholding exempt under Rule 16b-3(e).
- F4Includes restricted shares.
- F5Securities held directly by Kristin A. Dolan (or indirectly by Kristin A. Dolan through a 401(k) plan), Mr. Dolan's spouse, and indirectly held by James L. Dolan. James L. Dolan 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. Excludes shares held jointly with James L. Dolan, which are reflected on James L. Dolan's direct holdings.
- F6Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that either is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F7Shares of Class A Common Stock held by James L. Dolan, as custodian for the Reporting Persons' minor children.
- F8Shares of Class A Common Stock held by members of the Reporting Persons' household.
- F9Each stock option was previously reported at an exercise price of $20.51, but has been adjusted to reflect distributions.