SEC Form 4 · accession 0001091667-16-000555
CHARTER COMMUNICATIONS, INC. /MO/ · CHTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard R Dykhouse
Officer — EVP/Gen Counsel/Corp Secretary
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 5:22 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 | 20,716 | $60.96 | A | 26,070 | D | |
| Class A Common StockF2 | Aug 11, 2016 | F | 12,336 | $256.71 | D | 13,734 | D | |
| Class A Common Stock | Aug 11, 2016 | S | 8,380 | $256.725 | D | 5,354 | D | |
| Class A Common StockF3 | Aug 12, 2016 | G | 1,594 | $0.00 | D | 3,760 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Time Vesting Stock OptionsF1,F4 | $60.96 | Aug 11, 2016 | M | 20,716 | D | — | Apr 26, 2021 | Class A Common Stock | 1,889 | 1,889 | 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 (muiltiplied by .9042).
- F2Withholding of securities for the purpose of paying taxes.
- F3Charitable gifts.
- F4This option represents the right to purchase a total of 22,605 shares, of which one-third become exercisable in four equal installments on each of the first four anniversaries of 4/26/2011; one third become exercisable in four equal installments on each of the first four anniversaries of the vesting commencement date of 12/31/2011; and one third become exercisable in four equal installments on each of the first four anniversaries of the vesting commencement date of 12/31/2012 .