Julia M. Laulis - Jun 28, 2021 Form 4 Insider Report for Cable One, Inc. (CABO)

Role: COB, President and CEO, Director
Signature: /s/ Peter N. Witty for Julia M. Laulis
Stock symbol: CABO
Transactions as of: Jun 28, 2021
Transactions value $: -$638,231
Form type: 4
Date filed: 6/30/2021, 05:22 PM
Next filing: Jul 6, 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	$310K	+500	+15.44%	$619.66	3.74K	Jun 28, 2021	Direct	F1
transaction	CABO	Common Stock, par value $0.01	Disposed to Issuer	-$310K	-163	-4.36%	$1,903.59	3.58K	Jun 28, 2021	Direct	F1, F2
transaction	CABO	Common Stock, par value $0.01	Sale	-$189K	-100	-2.8%	$1,886.47	3.48K	Jun 28, 2021	Direct	F1
transaction	CABO	Common Stock, par value $0.01	Sale	-$121K	-64	-1.84%	$1,891.09	3.41K	Jun 28, 2021	Direct	F1, F3
transaction	CABO	Common Stock, par value $0.01	Sale	-$237K	-125	-3.66%	$1,893.04	3.29K	Jun 28, 2021	Direct	F1, F4
transaction	CABO	Common Stock, par value $0.01	Sale	-$28.5K	-15	-0.46%	$1,900.51	3.27K	Jun 28, 2021	Direct	F1
transaction	CABO	Common Stock, par value $0.01	Sale	-$63K	-33	-1.01%	$1,907.95	3.24K	Jun 28, 2021	Direct	F1
holding	CABO	Common Stock, par value $0.01						6.3K	Jun 28, 2021	By Trust	F5

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	-10%	$0.00	4.5K	Jun 28, 2021	Common Stock, par value $0.01	500	$619.66	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The exercise of stock appreciation rights (SARs) and the disposition and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 27, 2021.
F2	This represents the difference between the number of SARs exercised (500) and the number of shares issued as a result of the exercise (337). 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.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,891.07 to $1,892.01, 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 (4) to this Form 4.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,892.55 to $1,893.16, inclusive.
F5	6,298 shares are held by the John D. Laulis & Julia M. Laulis, a living trust, dated August 29, 2000. 1,751 of the shares reported herein as owned indirectly through such living trust were previously reported as directly owned but have since been transferred to the living trust.
F6	The Reporting Person was granted 5,000 SARs on January 3, 2017. The SARs vested and became 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.