SEC Form 3 · accession 0000947871-19-000026
Optimum Communications, Inc. · OPTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Layth Taki
Officer — SVP & Chief Accounting Officer
Period of report
Jan 1, 2019
Accepted (ET)
Jan 10, 2019 · 5:05 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 stock | holding | — | — | — | 50,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class C UnitF2,F1 | — | holding | — | — | — | — | — | Class A common stock | 74,828 | — | D |
| Stock Option (Right to Buy) | $17.57 | holding | — | — | — | Jun 27, 2021 | Jun 27, 2028 | Class A common stock | 14,226 | — | D |
Explanation of responses
- F1These Class C Units vested 50% on June 21, 2018 and 25% will vest on each of June 21, 2019 and June 21, 2020.
- F2Class 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.
Remarks
Exhibit 24 - Power of Attorney