SEC Form 4 · accession 0001225208-15-008410
COMCAST CORP · CMCSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur R Block
Officer — SVP, GC and Secretary
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 10:59 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 | 2,610 | $0.00 | A | 31,446 | D | |
| Class A Common Stock | Mar 22, 2015 | F | 1,396 | $59.45 | D | 30,050 | D |
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 | 74,400 | A | — | Mar 19, 2025 | Class A Common Stock | 74,400 | 74,400 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Mar 20, 2015 | A | 14,700 | A | — | — | Class A Common Stock | 14,700 | 34,335 | D |
| Restricted Stock UnitsF2,F4 | $0.00 | Mar 22, 2015 | M | 2,610 | D | — | — | Class A Common Stock | 2,610 | 31,725 | 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 installments of 15%, 15%, 15%, 15% and 40% on the 13th-month, 2nd, 3rd, 4th and 5th anniversaries of the date of grant (March 20, 2015), respectively.
- F4These restricted stock units vest on the transaction date.