SEC Form 4 · accession 0001225208-16-030166
COMCAST CORP · CMCSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Cavanagh
Officer — CFO
Period of report
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 11:09 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166691
Table I — non-derivative securities
No Table I lines on this filing.
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 | $59.76 | Mar 18, 2016 | A | 349,600 | A | — | Mar 17, 2026 | Class A Common Stock | 349,600 | 349,600 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Mar 18, 2016 | A | 159,100 | A | — | — | Class A Common Stock | 159,100 | 450,433 | D |
Explanation of responses
- F1The options were granted on March 18, 2016 and become exercisable as ollows: 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 restrictred stock units vest in the following installments: 40,750 vest on each of the 13th month, the second and the third anniversaries of the date of the grant (March 18, 2016); 10,050 vest on the fourth anniversary of the date of the grant, and 26,800 vest on the fifth anniversary of the date of the grant.