Graham Holdings Co — Director's Dealing 2015

Jul 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cable One, Inc. (CABO)
CIK: 0001632127
Period of Report: 2015-06-29

Reporting Person: Graham Holdings Co (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-29	Common Stock	J	5842313	—	Acquired	5843313	Direct
2015-07-01	Common Stock	J	5843313	—	Disposed	0	Direct

Footnotes

F1: On June 29, 2015, Cable One, Inc. ("Cable ONE"), a Delaware corporation, distributed to Graham Holdings Company ("Graham"), its sole stockholder, 5,842,313 newly issued shares of common stock, par value $0.01 per share, of Cable ONE (the "Cable ONE Common Stock") in the form of a dividend.

F2: On July 1, 2015, Graham disposed of all 5,843,313 shares of Cable ONE Common Stock issued and outstanding by distributing, as a pro rata dividend to Graham's stockholders, one share of Cable ONE Common Stock for every one share of Graham Class A common stock, par value $1.00 per share, and Class B common stock, par value $1.00 per share, held by each holder of record as of 5:00 p.m. New York City time on June 15, 2015, to effect the legal and structural separation of Cable ONE from Graham.