Dexter Goei - 15 Jun 2022 Form 4 Insider Report for Altice USA, Inc. (ATUS)

Signature
/s/ Dexter Goei
Issuer symbol
ATUS
Transactions as of
15 Jun 2022
Net transactions value
$0
Form type
4
Filing time
17 Jun 2022, 17:24:58 UTC
Previous filing
10 Feb 2022
Next filing
19 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATUS Class A common stock Award +1,140,684 +62% 2,978,635 15 Jun 2022 Direct F1, F2
holding ATUS Class A common stock 7,753,359 15 Jun 2022 LLCs

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATUS Stock Option (right to buy) Award $0 +2,945,990 $0.000000 2,945,990 15 Jun 2022 Class A common stock 2,945,990 $15.78 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant was approved by a committee of the board of directors of the Issuer on December 23, 2021, subject to stockholder approval of an amendment to the Amended and Restated Altice USA 2017 Long Term Incentive Plan (the "Plan") under which the grant was made. The Issuer's stockholders approved the amendment to the Plan on June 15, 2022.
F2 Represents restricted share units granted pursuant to the Plan. Each restricted share unit represents a contingent right to receive one share of the Issuer's Class A common stock. The restricted share units vest in equal installments on each of December 29, 2022, 2023 and 2024.
F3 Represents stock options granted pursuant to the Plan. The stock options vest in equal installments on each of December 29, 2022, 2023 and 2024.