Boubazine Abdelhakim 4
4 · Altice USA, Inc. · Filed Apr 6, 2020
Insider Transaction Report
Form 4
Altice USA, Inc.ATUS
Boubazine Abdelhakim
Co-President & COO
Transactions
- Conversion
Class B common stock
2020-04-03−42,180→ 0 total - Conversion
Class A common stock
2020-04-03+42,180→ 2,388,042 total
Footnotes (1)
- [F1]Each share of Class B common stock, which is a registered security of the Issuer, is convertible on a share-for-share basis at any time upon written notice to the Issuer at the option of the holder into one share of Class A common stock pursuant to the Issuer's third amended and restated certificate of incorporation. Holders of Class A common stock are entitled to one vote per share and holders of Class B common stock are entitled to twenty-five votes per share, in each case, on any matter submitted to a vote of Altice USA stockholders. Shares of Class B common stock that have been converted into Class A common stock may not be converted back into shares of Class B common stock.