Peter N. Witty - May 11, 2021 Form 4 Insider Report for Cable One, Inc. (CABO)

Role
The Reporting Person is the Senior Vice President, General Counsel, and Secretary.
Signature
/s/ Peter N. Witty
Stock symbol
CABO
Transactions as of
May 11, 2021
Transactions value $
-$541,071
Form type
4
Date filed
5/13/2021, 05:52 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CABO Common Stock, par value $0.01 Options Exercise $336K +500 +25.85% $672.58 2.43K May 11, 2021 Direct
transaction CABO Common Stock, par value $0.01 Disposed to Issuer -$336K -193 -7.93% $1,742.48 2.24K May 11, 2021 Direct F1
transaction CABO Common Stock; par value $0.01 Sale -$446K -253 -11.29% $1,761.86 1.99K May 11, 2021 Direct F2
transaction CABO Common Stock, par value $0.01 Sale -$8.81K -5 -0.25% $1,762.72 1.98K May 11, 2021 Direct
transaction CABO Common Stock, par value $0.01 Sale -$86.5K -49 -2.47% $1,765.27 1.93K May 11, 2021 Direct F3

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 CABO Stock Appreciation Rights Options Exercise $0 -500 -50% $0.00 500 May 11, 2021 Common Stock, par value $0.01 500 $672.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the difference between the number of stock appreciation rights (SARs) exercised (500) and the number of shares issued as a result of the exercise (307). Each SAR represents the right, upon exercise, to receive a number of shares of Common Stock equal in value to the amount, if any, by which the fair market value of Common Stock (as determined on the date of the exercise) exceeds the exercise price.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,761.61 to $1,762.60, inclusive. The Reporting Person undertakes to provide to Cable One, Inc., any security holder of Cable One, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote and in footnote (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,765.27 to $1,765.37, inclusive.
F4 The Reporting Person was granted 2,000 SARs on April 2, 2018. The SARs generally vest and become exercisable as to 25% of the number of underlying shares covered by the grant on each of the first four anniversaries of the date of grant, subject to the Reporting Person's continued employment with Cable One, Inc. through each such date.

Remarks:

The Reporting Person is the Senior Vice President, General Counsel, and Secretary.