SEC Form 4 · accession 0001091667-16-000522
CHARTER COMMUNICATIONS, INC. /MO/ · CHTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Bickham
Officer — EVP/Chief Operating Officer
Period of report
Jun 17, 2016
Accepted (ET)
Jun 21, 2016 · 8:57 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 | $221.25 | Jun 17, 2016 | A | 587,730 | A | — | Jun 17, 2026 | Class A Common Stock | 587,730 | 587,730 | D |
| Restricted Stock UnitsF2,F3 | — | Jun 17, 2016 | A | 65,303 | A | — | — | Class A Common Stock | 65,303 | 65,303 | D |
Explanation of responses
- F1Stock options granted on June 17, 2016 under the Charter Communictions, Inc. Amended and Restated 2009 Stock Incentive Plan: 117,546 shares subject to the attainment of a $289.76 per-share hurdle (with a 10-year term); 117,546 shares subject to the attainment of a $364.97 per-share hurdle (with a 10-year term); 117,546 shares subject to the attainment of $455.66 per-share hurdle (with a 10-year term); 117,546 shares subject to the attainment of a $496.58 per-share hurdle (with a 10-year term); and 117,546 shares subject to the attainment of a $564.04 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 June 17, 2016 under the Charter Communications, Inc. Amended and Restated 2009 Stock Incentive Plan; 21,767 shares subject to the attainment of a $455.66 per-share hurdle; 21,768 shares subject to the attainment of a $496.58 per-share hurdle; and 21,768 shares subject to the attainment of a $564.04 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.