SEC Form 4 · accession 0001091667-18-000105

· CHTR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

John Bickham

Officer — President and COO

Period of report

Oct 31, 2018

Accepted (ET)

Nov 2, 2018 · 5:40 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
Class A Common Stock^F1,F2,F3	Oct 31, 2018	M	81,378	$66.87	A	112,508	D
Class A Common Stock^F4,F3	Oct 31, 2018	S	81,378	$321.4664	D	31,130	D
Class A Common Stock^F1,F5,F3	Oct 31, 2018	M	63,294	$66.87	A	94,424	D
Class A Common Stock^F6,F3	Oct 31, 2018	S	63,294	$324.3069	D	31,130	D

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 Options^F1,F2	$66.87	Oct 31, 2018	M	81,378	D	—	Apr 30, 2022	Class A Common Stock	81,378	0	D
Time Vesting Stock Options^F1,F5	$66.87	Oct 31, 2018	M	63,294	D	—	Apr 30, 2022	Class A Common Stock	63,294	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 and performance targets (divided by .9042) and the number of options (multiplied by .9042).
F2Exercise of performance-vesting stock options granted on April 30, 2012; 25,000 stock options subject to the attainment of a $125 per share hurdle (with a 4-year term); and 25,000 stock options subject to the attainment of a $150 per-share hurdle (with a 4-year term); Vesting schedule as follows: 25% first eligible to vest on April 30, 2013; 25% first eligible to vest on April 30, 2014; 25% first eligible to vest on April 30, 2015; and 25% first eligible to vest on April 30, 2016. As the grants vested before the Time Warner Cable Inc. transactions, the number of shares, exercise prices and performance targets in this footnote were not adjusted for purposes of this filing.
F3Includes shares held jointly with Kathy L. Bickham.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.00 to $323.37, 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.
F5Exercise of time-vesting stock options granted on April 30, 2012. Options vest in 25% installments on each of the first four anniversaries of April 30, 2012.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.00 to $325.87, 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.