SEC Form 4 · accession 0001091667-17-000097
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 10, 2017
Accepted (ET)
Aug 14, 2017 · 11:40 am 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,F2 | Aug 10, 2017 | M | 10,976 | $150.88 | A | 18,025 | D | |
| Class A Common StockF3 | Aug 10, 2017 | S | 10,976 | $399.00 | D | 7,049 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Three-year Cliff Stock Options | $150.88 | Aug 10, 2017 | M | 10,976 | D | Jan 15, 2017 | Jan 15, 2024 | Class A Common Stock | 10,976 | 0 | D |
Explanation of responses
- F1Exercise of the balance of three-year cliff stock options granted on January 15, 2014 which vested on January 15, 2017.
- F2In 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).
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $398.84 to $399.52, inclusive. The reporting person undertakes to provide Charter Communications, Inc., any security holder of Charter Communications, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.