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CHARTER COMMUNICATIONS, INC. /MO/ — Director's Dealing 2016
Dec 28, 2016
30080_dirs_2016-12-28_e57c9c72-f8fb-41de-8291-fecee3072bc1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CHARTER COMMUNICATIONS, INC. /MO/ (CHTR)
CIK: 0001091667
Period of Report: 2016-12-28
Reporting Person: ADVANCE/NEWHOUSE PARTNERSHIP (10% Owner)
Reporting Person: NEWHOUSE BROADCASTING CORP (10% Owner)
Reporting Person: ADVANCE PUBLICATIONS, INC (10% Owner)
Reporting Person: NEWHOUSE FAMILY HOLDINGS, L.P. (10% Owner)
Reporting Person: ADVANCE LONG-TERM MANAGEMENT TRUST (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-28 | Charter Communications Class A Common Stock | C | 1852832 | $289.8266 | Acquired | 1852832 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-28 | Class B Common Units of Charter Communications Holdings, LLC | $ | C | 1852832 | Disposed | Charter Communications Class A Common Stock (1852832) | Indirect | |
| 2016-12-28 | Class B Common Units of Charter Communications Holdings, LLC | $ | D | 752767 | Disposed | Charter Communications Class A Common Stock (752767) | Indirect |
Footnotes
F1: Represents the volume-weighted average price of the Class A Common Stock for the two consecutive trading days prior to the date of delivery of an exchange notice by Advance/Newhouse Partnership, a New York partnership ("A/N"). Such shares of Class A Common Stock were acquired in exchange for an equivalent number of Class B Common Units of Charter Communications Holdings, LLC ("Charter Holdings") without the payment of additional consideration.
F2: The Class B Common Units of Charter Holdings are exchangeable by A/N at any time into either, at the Issuer's option, (i) shares of Class A Common Stock of the Issuer on a one-for-one basis or (ii) cash based on the volume-weighted average price of the Class A Common Stock for the two consecutive trading days prior to the date of delivery of A/N's exchange notice, and have no expiration date.
F3: Such Class B Common Units of Charter Holdings were surrendered by A/N in exchange for an equivalent number of shares of Class A Common Stock of the Issuer without the payment of additional consideration.
F4: Sold to the Issuer in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.