SEC Form 4 · accession 0000947871-17-000514
Optimum Communications, Inc. · OPTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Rosenblum
Officer — Vice Chairman
Period of report
Jun 21, 2017
Accepted (ET)
Jun 29, 2017 · 6:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001702780
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | Jun 21, 2017 | C | 18,751 | — | A | 18,751 | D | |
| Class A common stockF2 | Jun 27, 2017 | P | 3,000 | $30.00 | A | 21,751 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B UnitF1 | — | Jun 21, 2017 | C | 18,751 | D | — | — | Class A common stock | 18,751 | 0 | D |
Explanation of responses
- F1Class B Units represented a contingent right to receive shares of Class A common stock of the Issuer in the discretion of Neptune Holding US GP LLC. As part of the restructuring prior to the Issuer having a class of securities registered pursuant to Section 12, the Class B Units were converted into Class A common stock.
- F2Represents the number of shares acquired through the Issuer's Directed Share Program.