4//SEC Filing
CABLEVISION SYSTEMS CORP /NY 4
Accession 0001209191-16-129068
CIK 0001053112operating
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 4:46 PM ET
Size
10.7 KB
Accession
0001209191-16-129068
Insider Transaction Report
Form 4
DOLAN PATRICK FRANCIS
DirectorOther
Transactions
- Disposition to Issuer
Cablevision NY Group Class A Common Stock
2016-06-21$34.90/sh−2,628$91,717→ 0 total(indirect: By Spouse) - Disposition to Issuer
Cablevision NY Group Class A Common Stock
2016-06-21$34.90/sh−204,005$7,119,775→ 0 total - Disposition to Issuer
Options (Rights to Buy)
2016-06-21−95,800→ 0 totalExercise: $13.93From: 2013-03-06Exp: 2022-03-06→ Cablevision NY Group Class A Common Stock (95,800 underlying)
Footnotes (6)
- [F1]Disposition pursuant to the terms of the Agreement and Plan of Merger, dated as of September 16, 2015 (the "Merger Agreement"), by and among Cablevision Systems Corporation, Altice N.V. and Neptune Merger Sub Corp, exempt under Rule 16b-3.
- [F2]Includes restricted shares and shares held jointly with spouse.
- [F3]At the Effective Time (as defined in the Merger Agreement), each outstanding share of the issuer's Class A Common Stock beneficially owned by the reporting person immediately prior to the Effective Time was cancelled and converted into the right to receive $34.90 in cash (the "per share merger consideration"), without interest.
- [F4]Pursuant to the terms of the Merger Agreement, at the Effective Time, each restricted share held by the reporting person immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash, without interest, equal to the per share merger consideration of $34.90, exempt under Rule 16b-3.
- [F5]Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that he was, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- [F6]Pursuant to the terms of the Merger Agreement, at the Effective Time, each stock option held by the reporting person immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash, without interest, determined by multiplying (i) the excess of the per share merger consideration of $34.90 over the exercise price of such stock option by (ii) the number of shares of common stock underlying the stock option, less any applicable withholding taxes, exempt under Rule 16b-3.
Documents
Issuer
CABLEVISION SYSTEMS CORP /NY
CIK 0001053112
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001053112
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 4:46 PM ET
- Size
- 10.7 KB