Connolly David 4
4 · Altice USA, Inc. · Filed Aug 24, 2018
Insider Transaction Report
Form 4
Altice USA, Inc.ATUS
Connolly David
Executive VP & General Counsel
Transactions
- Conversion
Class A common stock
2018-08-22+270,558→ 270,558 total - Sale
Class A common stock
2018-08-22$18.31/sh−129,000$2,361,990→ 141,558 total - Conversion
Class C Unit
2018-08-22−270,558→ 329,690 total→ Class A common stock (270,558 underlying)
Footnotes (3)
- [F1]Class C Units represent a contingent right to receive, following vesting, shares of Class A common stock of the Issuer in the discretion of Neptune Holding US GP LLC.
- [F2]Represents the weighted average sales price of the shares sold ranging from a low of $18.15 to a high of $18.53 per share. The Reporting Person undertakes, upon request by the Commission staff, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
- [F3]These Class C Units vested 50% on August 22, 2018 and vest 25% on August 22, 2019 and 25% on August 22, 2020.