SEC Form 4 · accession 0001091667-16-000467
CHARTER COMMUNICATIONS, INC. /MO/ · CHTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Thomas Rutledge
Officer — President and CEO · Director
Period of report
Apr 25, 2016
Accepted (ET)
Apr 27, 2016 · 9:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001091667
Table I — non-derivative securities
No Table I lines on this filing.
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 OptionsF1 | $201.56 | Apr 25, 2016 | A | 1,800,000 | A | — | Apr 25, 2026 | Class A Common Stock | 1,800,000 | 1,800,000 | D |
| Restricted Stock UnitsF2,F3 | — | Apr 25, 2016 | A | 200,000 | A | — | — | Class A Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Stock options granted on April 25, 2016 under the Charter Communications, Inc. Amended and Restated 2009 Stock Incentive Plan; 360,000 shares subject to the attainment of a $262 per-share hurdle (with a 10-year term); 360,000 shares subject to the attainment of a $330 per-share hurdle (with a 10-year term); 360,000 shares subject to the attainment of a $412 per-share hurdle (with a 10-year term); 360,000 shares subject to the attainment of a $449 per-share hurdle (with a 10-year term); and 360,000 shares subject to the attainment of a $510 per-share hurdle (with a 10-year term). One third of the stock options will be first eligible to vest on each of the third, fourth and fifth anniversaries of the date of grant subject to achievement of the applicable per-share price hurdles. Any options that have not vested within 6 years from the date of grant will be cancelled.
- F2Restricted Stock Unit Grant - not applicable
- F3Restricted Stock Units granted on April 25, 2016 under the Charter Communications, Inc. Amended and Restated 2009 Stock Incentive Plan; 66,666 shares subject to the attainment of a $412 per-share hurdle; 66,666 shares subject to the attainment of a $449 per-share hurdle; and 66,667 shares subject to the attainment of a $510 per-share hurdle (each with a six-year term). One third of the Restricted Stock Units will be first eligible to vest on each of the third, fourth and fifth anniversaries of the date of grant subject to achievement of the applicable per-share price hurdles. Any Restricted Stock Units that have not vested within 6 years from the date of grant will be cancelled.