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CHARTER COMMUNICATIONS, INC. /MO/ — Director's Dealing 2016
Jul 6, 2016
30080_dirs_2016-07-06_c15c48e9-9fed-491a-8ea5-b495242c5ecc.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: 2016-07-01
Reporting Person: Bickham John (EVP/Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-01 | Class A Common Stock | M | 22605 | $66.87 | Acquired | 76309 | Direct |
| 2016-07-01 | Class A Common Stock | F | 14387 | $232.32 | Disposed | 61922 | Direct |
| 2016-07-05 | Class A Common Stock | M | 22605 | $66.87 | Acquired | 84527 | Direct |
| 2016-07-05 | Class A Common Stock | F | 14377 | $233.13 | Disposed | 70150 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-01 | Performance Vesting Stock Options | $66.87 | M | 22605 | Disposed | 2016-11-02 | Class A Common Stock (22605) | Direct |
| 2016-07-05 | Performance Vesting Stock Options | $66.87 | M | 22605 | Disposed | 2016-11-02 | Class A Common Stock (22605) | Direct |
Footnotes
F1: In connection with the closing of the Time Warner Cable Inc. transactions the merger exchange ratio of .9042 was applied to the exercise price and performance targets (divided by .9042) and the number of options (multiplied by .9042).
F2: Exercise of performance-vesting stock options granted on April 30, 2012; 25,000 stock options subject to the attainment of a $125 per share hurdle (with a 4-year term); and 25,000 stock options subject to the attainment of a $150 per-share hurdle (with a 4-year term); Vesting schedule as follows: 25% first eligible to vest on 4/30/2013; 25% first eligible to vest on 4/30/2014; 25% first eligible to vest on 4/30/2015; and 25% first eligible to vest on 4/30/2016.
F3: Withholding of securities by Charter Communications, Inc. for purpose of paying the exercise price and taxes due upon exercise of the stock options. No shares were sold for the exercise or for tax withholding.
F4: Includes shares held jointly with Kathy L. Bickham.