SEC Form 4 · accession 0001091667-16-000406
CHARTER COMMUNICATIONS, INC. /MO/ · CHTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Rutledge
Officer — President and CEO · Director
Period of report
Feb 13, 2016
Accepted (ET)
Feb 17, 2016 · 3:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001091667
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Feb 13, 2016 | F | 36,417 | $164.34 | D | 335,656 | D | |
| Class A Common StockF3,F2 | Feb 13, 2016 | F | 37,096 | $164.34 | D | 298,560 | D | |
| Class A Common StockF4 | Feb 16, 2016 | M | 55,450 | $53.595 | A | 354,010 | D | |
| Class A Common StockF5,F6 | Feb 16, 2016 | F | 36,241 | $164.965 | D | 317,769 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Vesting Stock OptionsF7 | $53.595 | Feb 16, 2016 | M | 55,450 | D | — | Feb 19, 2016 | Class A Common Stock | 55,450 | 0 | D |
Explanation of responses
- F1Previously reported performance-vesting restricted shares vested on February 13, 2016. Withholding of securities for the purpose of paying taxes.
- F2Per-share value assigned to the shares withheld based on the average of the high and low trading prices on February 12, 2016.
- F3Previously reported time-vesting restricted shares vested on February 13, 2016. Withholding of securities for the purpose of paying taxes.
- F4Securities acquired upon exercise of all of the vested performance-vesting stock options with a $125 and $150 per share stock price target granted on December 19, 2011 under the Charter Communications, Inc. Amended and Restated 2009 Stock Incentive Plan.
- F5Withholding of securities for the purpose of paying exercise price and taxes due upon exercise of stock options.
- F6Per-share value assigned to the shares withheld based on the fair market value of the shares at the time the stock options were exercised on February 16, 2016.
- F7Date exercisable varies for each vesting tranche.