SEC Form 4 · accession 0001437749-18-021429
Cable One, Inc. · CABO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas O. Might
Director
Period of report
Nov 28, 2018
Accepted (ET)
Nov 30, 2018 · 5:01 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 | Nov 28, 2018 | M | 8,475 | $422.31 | A | 21,292 | D | |
| Common Stock, par value $0.01F1 | Nov 28, 2018 | D | 4,058 | $882.13 | D | 17,234 | D | |
| Common Stock, par value $0.01F2 | Nov 28, 2018 | S | 583 | $880.3776 | D | 16,651 | D | |
| Common Stock, par value $0.01 | Nov 28, 2018 | S | 60 | $881.83 | D | 16,591 | D | |
| Common Stock, par value $0.01F3 | Nov 28, 2018 | S | 1,632 | $882.2485 | D | 14,959 | D | |
| Common Stock, par value $0.01F4 | Nov 28, 2018 | S | 1,898 | $883.0133 | D | 13,061 | D | |
| Common Stock, par value $0.01F5 | Nov 28, 2018 | S | 244 | $884.9034 | D | 12,817 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF6 | $422.31 | Nov 28, 2018 | M | 8,475 | D | — | Sep 1, 2025 | Common Stock, par value $0.01 | 8,475 | 8,475 | D |
Explanation of responses
- F1This represents the difference between the number of stock appreciation rights (SARs) exercised (8,475) and the number of shares issued as a result of the exercise (4,417). 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $880.00 to $880.74, inclusive. The Reporting Person undertakes to provide to Cable One, Inc., any security holder of Cable One, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote and in footnotes (3) to (5), inclusive, to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $882.00 to $882.985, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $883.00 to $883.22, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $884.47 to $884.955, inclusive.
- F6The Reporting Person was granted 33,900 SARs on September 1, 2015. 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 service as a director of Cable One, Inc. through each such date.