Boubazine Abdelhakim 4
4 · Altice USA, Inc. · Filed Dec 21, 2018
Insider Transaction Report
Form 4
Altice USA, Inc.ATUS
Boubazine Abdelhakim
Co-President & COO
Transactions
- Award
Stock Option (Right to Buy)
2018-12-19+428,654→ 428,654 totalExercise: $17.50Exp: 2028-12-19→ Class A common stock (428,654 underlying) - Conversion
Class A common stock
2018-12-21+325,963→ 1,971,937 total - Conversion
Class C Unit
2018-12-21−325,963→ 368,490 total→ Class A common stock (325,963 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]These Class C Units vested 50% on December 21, 2017 and 25% on December 21, 2018. The remaining 25% will vest on December 21, 2019.
- [F3]These Options were granted under the Altice USA Long Term Incentive Plan and are scheduled to vest on 12/19/2021.