SEC Form 4 · accession 0001225208-15-020490
SPECTRUM MANAGEMENT HOLDING COMPANY, LLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D Marcus
Officer — Chairman & CEO · Director
Period of report
Nov 5, 2015
Accepted (ET)
Nov 6, 2015 · 4:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001377013
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per share | Oct 30, 2015 | G | 200 | $0.00 | D | 78,630 | D | |
| Common Stock, par value $.01 per share | Nov 5, 2015 | M | 10,000 | $86.76 | A | 88,630 | D | |
| Common Stock, par value $.01 per share | Nov 5, 2015 | S | 343 | $187.75 | D | 88,287 | D | |
| Common Stock, par value $.01 per shareF2 | Nov 5, 2015 | S | 9,657 | $188.28 | D | 78,630 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $86.76 | Nov 5, 2015 | M | 10,000 | D | — | Feb 12, 2023 | Common Stock, par value $.01 per share | 10,000 | 96,107 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $187.76 to $188.72. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, Time Warner Cable Inc. or a security holder of Time Warner Cable Inc., full information regarding the number of shares and prices at which each transaction was effected.
- F3This option is exercisable in increments of 25% on the first four anniversaries of the date of grant, February 13, 2013.