SEC Form 4 · accession 0001225208-18-006496
COMCAST CORP · CMCSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur R Block
Officer — EVP, GC and Secretary
Period of report
Mar 16, 2018
Accepted (ET)
Mar 20, 2018 · 4:27 pm 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 16, 2018 | M | 4,410 | $0.00 | A | 62,988 | D | |
| Class A Common Stock | Mar 16, 2018 | F | 1,939 | $35.83 | D | 61,049 | D | |
| Class A Common Stock | Mar 19, 2018 | S | 2,471 | $35.60 | D | 58,578 | 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 PurchaseF2 | $35.83 | Mar 16, 2018 | A | 122,500 | A | — | Mar 15, 2028 | Class A Common Stock | 122,500 | 122,500 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Mar 16, 2018 | A | 24,400 | A | — | — | Class A Common Stock | 24,400 | 30,174 | D |
| Restricted Stock UnitsF3,F5 | $0.00 | Mar 16, 2018 | M | 4,410 | D | — | — | Class A Common Stock | 4,410 | 25,764 | D |
Explanation of responses
- F1Transaction was effected pursuant to a Rule 10b5-1 trading plan.
- F2The options were granted on March 16, 2018 and become exercisable as follows: 30% become 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.
- F3Each restricted stock unit represents a contigent right to receive one share of Class A Common Stock.
- F4The 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 16, 2018), respectively.
- F5These restricted stock units vest on the transaction date.