Maria Bruzzese - 28 Dec 2022 Form 4 Insider Report for Altice USA, Inc. (ATUS)

Role
Chief Accounting Officer
Signature
/s/ Maria Bruzzese
Issuer symbol
ATUS
Transactions as of
28 Dec 2022
Net transactions value
-$12,224
Form type
4
Filing time
30 Dec 2022, 15:17:02 UTC
Previous filing
11 Oct 2022
Next filing
27 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATUS Class A common stock Award $0 +86,207 +53% $0.000000 248,254 28 Dec 2022 Direct F1
transaction ATUS Class A common stock Tax liability $12,224 -2,856 -1.2% $4.28 245,398 29 Dec 2022 Direct F2

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 +154,867 $0.000000 154,867 28 Dec 2022 Class A common stock 154,867 $4.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units granted pursuant to the Amended and Restated Altice USA 2017 Long Term Incentive Plan, as amended (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 28, 2023, 2024 and 2025.
F2 Represents shares of the Issuer's Class A common stock withheld for taxes upon the vesting of restricted share units granted pursuant to the Plan.
F3 Represents stock options granted pursuant to the Plan. The stock options vest in equal installments on each of December 28, 2023, 2024 and 2025.