SEC Form 4 · accession 0001091667-16-000553
CHARTER COMMUNICATIONS, INC. /MO/ · CHTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Hargis
Officer — EVP/Chief Marketing Officer
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 5:01 pm EDT
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 | Aug 11, 2016 | M | 7,233 | $68.43 | A | 13,255 | D | |
| Class A Common Stock | Aug 11, 2016 | S | 7,233 | $253.21 | D | 6,022 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $68.43 | Aug 11, 2016 | M | 7,233 | D | — | Apr 9, 2022 | Class A Common Stock | 7,233 | 0 | D |
Explanation of responses
- F1In connection with the closing of the Time Warner Cable Inc. transactions the merger exchange ratio of .9042 was applied to the exercise price (divided by .9042) and the number of options (multiplied by .9042).
- F2The option, representing a right to purchase a total of 33,334 shares, became exercisable in four equal annual installments beginning on April 9, 2013, which was the first anniversary of the date on which the option was granted.