SEC Form 4 · accession 0000950157-17-000355

Cable One, Inc. · CABO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, Operations

Period of report

Mar 8, 2017

Accepted (ET)

Mar 10, 2017 · 6:02 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001632127

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock; par value $0.01	Mar 8, 2017	M	925	$422.31	A	2,294	D
Common Stock; par value $0.01^F1	Mar 8, 2017	D	616	$634.32	D	1,678	D
Common Stock; par value $0.01^F2	Mar 8, 2017	F	93	$634.32	D	1,585	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Appreciation Right^F3	$422.31	Mar 8, 2017	M	925	D	—	Sep 1, 2025	Common Stock; par value $0.01	925	2,775	D

F1This represents the difference between the number of stock appreciation rights (SARs) exercised (925) and the number of shares issued as a result of the exercise (309). Each SAR represents the right, upon exercise, to receive a number of shares of Common Stock equal in value to the amount, if any, by which the fair market value of Common Stock (as determined on the date of the exercise) exceeds the exercise price.
F2This represents the withholding of shares of Common Stock to satisfy tax withholding liability associated with the exercise of the SARs that was reported in this Form 4.
F3The Reporting Person was granted 3,700 SARs on September 1, 2015. From the original grant of 3,700 SARs, 925 SARs vested and became exercisable on September 1, 2016. The SARs generally vest and become exercisable as to 25% of the number of underlying shares covered by the grant on each of the first four anniversaries of the date of grant, subject to the Reporting Person's continued employment with Cable One, Inc. through each such date.