SEC Form 4 · accession 0000947871-17-001031
Optimum Communications, Inc. · OPTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dexter Goei
Officer — Chairman & CEO · Director
Period of report
Dec 21, 2017
Accepted (ET)
Dec 26, 2017 · 5:31 pm EST
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 | Dec 21, 2017 | C | 719,636 | — | A | 719,636 | D | |
| Class A common stock | holding | — | — | — | 1,875,088 | I | Luxembourg SPF |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class C UnitF1,F2 | — | Dec 21, 2017 | C | 719,636 | D | — | — | Class A common stock | 719,636 | 876,316 | D |
Explanation of responses
- F1Class C Units represent a contingent right to receive, following vesting, shares of Class A common stock of the Issuer in the discretion of Neptune Holding US GP LLC.
- F2These Class C Units vested 50% on December 21, 2017 and vest 25% on December 21, 2018 and 25% on December 21, 2019.