SEC Form 4 · accession 0001209191-16-129060
CABLEVISION SYSTEMS CORP /NY · CVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Jun 21, 2016
Accepted (ET)
Jun 21, 2016 · 4:39 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 | Jun 21, 2016 | J | 20,250 | $34.90 | D | 0 | D | |
| Cablevision NY Group Class A Common StockF2,F3 | Jun 21, 2016 | J | 9,200 | $34.90 | D | 0 | I | By minor children |
| Cablevision NY Group Class A Common StockF2,F4 | Jun 21, 2016 | J | 1,084,918 | $34.90 | D | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cablevision NY Group Class B Common StockF2,F4,F5 | — | Jun 21, 2016 | J | 21,874,787 | D | — | — | Cablevision NY Group Class A Common Stock | 21,874,787 | 0 | I |
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.
- F2At the Effective Time (as defined in the Merger Agreement), each outstanding share of the issuer's Class A and Class B Common Stock beneficially owned by the reporting person 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.
- F3Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that she was, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F4Kathleen M. Dolan is a trustee, co-trustee and/or contingent beneficiary of various family trusts. She disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein, and this report shall not be deemed to be an admission that she was, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F5Cablevision NY Group Class B Common Stock (the "Class B Common Stock") of the Issuer was convertible at the option of the holder on a share for share basis into Cablevision NY Group Class A Common Stock (the "Class A Common Stock") of the Issuer.