Soroban Opportunities Master Fund LP 3

Accession 0000919574-21-000018

CIK 0001702780other

View on SEC.gov Company Profile

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 4:39 PM ET

Size

17.9 KB

Accession

0000919574-21-000018

Insider Transaction Report

Form 3

Period: 2020-12-22

Altice USA, Inc.ATUS

Soroban Capital GP LLC

10% Owner

Holdings

Class A Common Stock, par value $0.01 per share
31,000,000
European-style cash-settled call options
Exercise: $35.00Exp: 2021-05-21→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-07-16→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-06-18→ Class A Common Stock, par value $0.01 per share (0 underlying)

Soroban Opportunities Master Fund LP

10% Owner

Holdings

Class A Common Stock, par value $0.01 per share
31,000,000
European-style cash-settled call options
Exercise: $35.00Exp: 2021-07-16→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-05-21→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-06-18→ Class A Common Stock, par value $0.01 per share (0 underlying)

Soroban Capital Partners GP LLC

10% Owner

Holdings

European-style cash-settled call options
Exercise: $35.00Exp: 2021-05-21→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-07-16→ Class A Common Stock, par value $0.01 per share (0 underlying)
Class A Common Stock, par value $0.01 per share
31,000,000
European-style cash-settled call options
Exercise: $35.00Exp: 2021-06-18→ Class A Common Stock, par value $0.01 per share (0 underlying)

MANDELBLATT ERIC

10% Owner

Holdings

European-style cash-settled call options
Exercise: $35.00Exp: 2021-06-18→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-07-16→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-05-21→ Class A Common Stock, par value $0.01 per share (0 underlying)
Class A Common Stock, par value $0.01 per share
31,000,000

Soroban Capital Partners LLC

10% Owner

Holdings

European-style cash-settled call options
Exercise: $35.00Exp: 2021-07-16→ Class A Common Stock, par value $0.01 per share (0 underlying)
Class A Common Stock, par value $0.01 per share
31,000,000
European-style cash-settled call options
Exercise: $35.00Exp: 2021-05-21→ Class A Common Stock, par value $0.01 per share (0 underlying)
European-style cash-settled call options
Exercise: $35.00Exp: 2021-06-18→ Class A Common Stock, par value $0.01 per share (0 underlying)

Footnotes (5)

[F1]The reported shares are held in the account of Soroban Opportunities Master Fund LP, which is a reporting person. Soroban Capital GP LLC may be deemed to beneficially own the reported shares by virtue of its role as general partner of Soroban Opportunities Master Fund LP. Soroban Capital Partners LP may be deemed to beneficially own the reported shares by virtue of its role as investment manager of Soroban Opportunities Master Fund LP. Soroban Capital Partners GP LLC may be deemed to beneficially own the reported shares by virtue of its role as general partner of Soroban Capital Partners LP. Eric W. Mandelblatt may be deemed to beneficially own the reported shares by virtue of his role as Managing Partner of Soroban Capital Partners GP LLC. Each of Soroban Capital GP LLC, Soroban Capital Partners LP, Soroban Capital Partners GP LLC and Eric W. Mandelblatt disclaim beneficial ownership of the reported shares except to the extent of his or its pecuniary interest.
[F2]Soroban Opportunities Master Fund LP holds European-style cash-settled call options referencing an aggregate of 833,300 shares with a strike price of $35.00 per share that automatically expire or settle in May 2021. The call options do not give Soroban Opportunities Master Fund LP direct or indirect voting, investment or dispositive control over any securities of Altice USA, Inc. and do not permit Soroban Opportunities Master Fund LP to exercise such cash-settled call options and receive shares of Altice USA, Inc.
[F3]The reported call options are held in the account of Soroban Opportunities Master Fund LP. Soroban Capital GP LLC may be deemed to beneficially own the reported call options by virtue of its role as general partner of Soroban Opportunities Master Fund LP. Soroban Capital Partners LP may be deemed to beneficially own the reported call options by virtue of its role as investment manager of Soroban Opportunities Master Fund LP. Soroban Capital Partners GP LLC may be deemed to beneficially own the reported call options by virtue of its role as general partner of Soroban Capital Partners LP. Eric W. Mandelblatt may be deemed to beneficially own the reported call options by virtue of his role as Managing Partner of Soroban Capital Partners GP LLC. Each of Soroban Capital GP LLC, Soroban Capital Partners LP, Soroban Capital Partners GP LLC and Eric W. Mandelblatt disclaim beneficial ownership of the reported call options except to the extent of his or its pecuniary interest.
[F4]Soroban Opportunities Master Fund LP holds European-style cash-settled call options referencing an aggregate of 833,400 shares with a strike price of $35.00 per share that automatically expire or settle in June 2021. The call options do not give Soroban Opportunities Master Fund LP direct or indirect voting, investment or dispositive control over any securities of Altice USA, Inc. and do not permit Soroban Opportunities Master Fund LP to exercise such cash-settled call options and receive shares of Altice USA, Inc.
[F5]Soroban Opportunities Master Fund LP holds European-style cash-settled call options referencing an aggregate of 833,300 shares with a strike price of $35.00 per share that automatically expire or settle in July 2021. The call options do not give Soroban Opportunities Master Fund LP direct or indirect voting, investment or dispositive control over any securities of Altice USA, Inc. and do not permit Soroban Opportunities Master Fund LP to exercise such cash-settled call options and receive shares of Altice USA, Inc.

Documents

1 file

3
ownership.xmlPrimary

Issuer

Altice USA, Inc.

CIK 0001702780

→

Entity typeother

IncorporatedCayman Islands

Related Parties

filerCIK 0001838629

Filing Metadata

Form type: 3
Filed: Jan 3, 7:00 PM ET
Accepted: Jan 4, 4:39 PM ET
Size: 17.9 KB

View on SEC.gov