CHARTER COMMUNICATIONS, INC. /MO/ — Director's Dealing 2022

Feb 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHARTER COMMUNICATIONS, INC. /MO/ (CHTR)
CIK: 0001091667
Period of Report: 2022-02-11

Reporting Person: ADVANCE/NEWHOUSE PARTNERSHIP (Director, 10% Owner)
Reporting Person: ADVANCE LONG-TERM MANAGEMENT TRUST (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)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-11	Call option (obligation to sell)	$475.2027	P	129166	Disposed		Common Stock (129166)	Direct
2022-02-11	Call option (obligation to sell)	$475.2027	P	96875	Disposed		Common Stock (96875)	Direct
2022-02-11	Call option (obligation to sell)	$475.2027	P	32292	Disposed		Common Stock (32292)	Direct
2022-02-11	Put option (right to sell)	$327.7260	S	129166	Disposed		Common Stock (129166)	Direct
2022-02-11	Put option (right to sell)	$327.7260	S	96875	Disposed		Common Stock (96875)	Direct
2022-02-11	Put option (right to sell)	$327.7260	S	32292	Disposed		Common Stock (32292)	Direct

Footnotes

F1: On July 30, 2019, Advance/Newhouse Partnership ("A/N") established a credit facility backed by an equity collar transaction and an aggregate of 3,950,000 Class B Common Units of Charter Communications Holdings, LLC ("Units") to provide financial flexibility to support its ongoing estate planning and its investment program and for other general corporate purposes. A/N entered into Share Collar Transactions (the "Transactions") with unaffiliated banks, pursuant to which A/N wrote European call options and purchased European put options over an aggregate of 3,950,000 shares of Class A common stock (the "Common Stock") of Charter Communications, Inc. (the "Issuer"). Under the agreement, the Transactions may be settled in cash unless A/N elects physical settlement, in which case it expects to exchange Units for Class A Common Stock sufficient to satisfy its obligations under the Transactions.

F2: On February 11, 2022, A/N early terminated a portion of the Transactions, with expiration dates running from August 15, 2022 to September 6, 2022, inclusive, and an equivalent portion of the corresponding credit facility. The terminated Transactions covered 129,166 shares of Class A Common Stock, and, in connection with this termination, 129,166 Units were released from the related pledge. Pursuant to this termination, A/N paid $18,916,138.63 in cash to the unaffiliated bank counterparty.

F3: Also on February 11, 2022, A/N early terminated an additional portion of the Transactions, with expiration dates running from August 15, 2022 to September 6, 2022, inclusive, and an equivalent portion of the corresponding credit facility. The terminated Transactions covered 96,875 shares of Class A Common Stock, and, in connection with this termination, 96,875 Units were released from the related pledge. Pursuant to this termination, A/N paid $14,187,179.06 in cash to the unaffiliated bank counterparty.

F4: Also on February 11, 2022, A/N early terminated an additional portion of the Transactions, with expiration dates running from August 15, 2022 to September 6, 2022, inclusive, and an equivalent portion of the corresponding credit facility. The terminated Transactions covered 32,292 shares of Class A Common Stock, and, in connection with this termination, 32,292 Units were released from the related pledge. Pursuant to this termination, A/N paid $4,729,108.50 in cash to the unaffiliated bank counterparty.