Julia M. Laulis - 01 Jul 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
Issuer symbol
CABO
Transactions as of
01 Jul 2021
Net transactions value
-$642,962
Form type
4
Filing time
06 Jul 2021, 18:20:44 UTC
Previous filing
30 Jun 2021
Next filing
12 Aug 2021
SEC
View on sec.gov

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 $309,830 +500 +15% $619.66 3,738 01 Jul 2021 Direct F1
transaction CABO Common Stock, par value $0.01 Disposed to Issuer $309,875 -162 -4.3% $1912.81 3,576 01 Jul 2021 Direct F1, F2
transaction CABO Common Stock, par value $0.01 Sale $642,917 -338 -9.5% $1902.12 3,238 01 Jul 2021 Direct F1
holding CABO Common Stock, par value $0.01 6,298 01 Jul 2021 By Trust 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 -11% $0.000000 4,000 01 Jul 2021 Common Stock, par value $0.01 500 $619.66 Direct F4
* 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 (338). 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 6,298 shares are held by the John D. Laulis & Julia M. Laulis, a living trust, dated August 29, 2000.
F4 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.