SEC Form 4 · accession 0001225208-16-028577
SPECTRUM MANAGEMENT HOLDING COMPANY, LLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ellen East
Officer — EVP, Chief Communic. Officer
Period of report
Feb 26, 2016
Accepted (ET)
Feb 29, 2016 · 5:08 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 | Feb 26, 2016 | M | 6,554 | $77.04 | A | 8,709 | D | |
| Common Stock, par value $.01 per share | Feb 26, 2016 | M | 5,146 | $86.76 | A | 13,855 | D | |
| Common Stock, par value $.01 per shareF1 | Feb 26, 2016 | S | 1,715 | $192.734 | D | 12,140 | D | |
| Common Stock, par value $.01 per shareF2 | Feb 26, 2016 | S | 2,155 | $192.616 | D | 9,985 | D | |
| Common Stock, par value $.01 per shareF3 | Feb 26, 2016 | S | 2,185 | $192.814 | D | 7,800 | D | |
| Common Stock, par value $.01 per shareF4 | Feb 26, 2016 | S | 3,431 | $192.917 | D | 4,369 | D | |
| Common Stock, par value $.01 per shareF5 | Feb 26, 2016 | S | 4,369 | $192.935 | D | 0 | 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)F6 | $86.76 | Feb 26, 2016 | M | 5,146 | D | — | Feb 12, 2023 | Common Stock, par value $.01 per share | 5,146 | 5,147 | D |
| Employee Stock Option (Right to Buy)F7 | $77.04 | Feb 26, 2016 | M | 6,554 | D | — | Feb 15, 2022 | Common Stock, par value $.01 per share | 6,554 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $192.68 to $192.79. 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 sold at each separate price within the ranges set forth in footnotes 1 through 5 to this Form 4.
- F2This transaction was executed in multiple trades at prices ranging from $192.61 to $192.73. The price reported above reflects the weighted average sale price.
- F3This transaction was executed in multiple trades at prices ranging from $192.76 to $192.88. The price reported above reflects the weighted average sale price.
- F4This transaction was executed in multiple trades at prices ranging from $192.91 to $192.93. The price reported above reflects the weighted average sale price.
- F5This transaction was executed in multiple trades at prices ranging from $192.91 to $192.94. The price reported above reflects the weighted average sale price.
- F6This option is exercisable in increments of 25% on the first four anniversaries of the date of grant, February 13, 2013.
- F7This option was exercisable in increments of 25% on the first four anniversaries of the date of grant, February 16, 2012.