CHARTER COMMUNICATIONS, INC. /MO/ — Director's Dealing 2023

Nov 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHARTER COMMUNICATIONS, INC. /MO/ (CHTR)
CIK: 0001091667
Period of Report: 2023-10-31

Reporting Person: ADVANCE/NEWHOUSE PARTNERSHIP (Director, 10% Owner)
Reporting Person: ADVANCE LONG-TERM MANAGEMENT TRUST (Director, 10% Owner)
Reporting Person: NEWHOUSE BROADCASTING CORP (Director, 10% Owner)
Reporting Person: ADVANCE PUBLICATIONS, INC (Director, 10% Owner)
Reporting Person: NEWHOUSE FAMILY HOLDINGS, L.P. (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-31	Call option (obligation to sell)	$643.0830	P	624239	Disposed		Common Stock (624239)	Direct
2023-10-31	Put option (right to sell)	$445.4935	S	624239	Disposed		Common Stock (624239)	Direct
2023-11-01	Call option (obligation to sell)	$643.0830	P	300000	Disposed		Common Stock (300000)	Direct
2023-11-01	Put option (right to sell)	$445.4935	S	300000	Disposed		Common Stock (300000)	Direct

Footnotes

F1: On February 4, 2020, Advance/Newhouse Partnership ("A/N") established a credit facility backed by an equity collar transaction and an aggregate of 4,000,000 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 4,000,000 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. A portion of the Transactions was previously unwound.

F2: A/N early terminated the remainder of the Transactions, with expiration dates running from August 12, 2024 to September 5, 2024, inclusive, and an equivalent portion of the corresponding credit facility. The terminated Transactions covered 924,239 shares of Class A Common Stock, and, in connection with these terminations, 924,239 Units were released from the related pledge. Pursuant to these terminations, the unaffiliated bank counterparties paid approximately $54.7 million in cash to A/N.