SEC Form 4 · accession 0001225208-16-030168
COMCAST CORP · CMCSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil Smit
Officer — Sr. EVP
Period of report
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 11:13 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 | 382,200 | A | — | Mar 17, 2026 | Class A Common Stock | 382,200 | 382,200 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Mar 18, 2016 | A | 73,200 | A | — | — | Class A Common Stock | 73,200 | 101,498 | D |
Explanation of responses
- F1The options were granted on March 18, 2016 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 18, 2016), respectively.