SEC Form 4 · accession 0001225208-15-008408
COMCAST CORP · CMCSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Angelakis
Officer — Vice Chairman and CFO
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 10:56 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166691
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 22, 2015 | M | 13,845 | $0.00 | A | 102,060 | D | |
| Class A Common Stock | Mar 22, 2015 | F | 6,829 | $59.45 | D | 95,231 | D | |
| Class A Common Stock | holding | — | — | — | 48,551 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to PurchaseF1 | $59.45 | Mar 20, 2015 | A | 323,400 | A | — | Mar 19, 2025 | Class A Common Stock | 323,400 | 323,400 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Mar 20, 2015 | A | 80,900 | A | — | — | Class A Common Stock | 80,900 | 122,355 | D |
| Restricted Stock UnitsF2,F4 | $0.00 | Mar 22, 2015 | M | 13,845 | D | — | — | Class A Common Stock | 13,845 | 108,510 | D |
Explanation of responses
- F1The options were granted on March 20, 2015 and become exercisable as follows: 30% becomes exercisable on the 2nd anniversary of the date of grant; an additional 15% on each of the 3rd, 4th and 5th anniversaries of the date of grant; and an additional 5% on each of the 6th, 7th, 8th, 9th and 9.5th anniversaries of the date of grant.
- F2Each restricted stock unit represents a contigent right to receive one share of Class A Common Stock.
- F3The restricted stock units vest in the following installments: 26,415 vest on the 13th month anniversary of the date of the grant (March 20, 2015), 9,615 vest on each of the 2nd, 3rd and 4th anniversaries of the date of the grant, and 25,640 vest on the 5th anniversary of the grant date.
- F4These restricted stock units vest on the transaction date.