Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATUS | Class A common stock | Award | +143K | +63.57% | 367K | Jun 15, 2022 | Direct | F1, F2 |
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 | +368K | $0.00 | 368K | Jun 15, 2022 | Class A common stock | 368K | $15.78 | Direct | F1, F3 |
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. |