James A. Obermeyer - Aug 19, 2021 Form 4 Insider Report for Cable One, Inc. (CABO)

Role: SVP, Marketing & Sales
Signature: /s/ Peter N. Witty for James A. Obermeyer
Stock symbol: CABO
Transactions as of: Aug 19, 2021
Transactions value $: -$69,233
Form type: 4
Date filed: 8/23/2021, 05:55 PM
Next filing: Nov 18, 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	$231K	+150	+25.08%	$1,540.92	748	Aug 19, 2021	Direct
transaction	CABO	Common Stock, par value $0.01	Disposed to Issuer	-$232K	-116	-15.51%	$1,995.87	632	Aug 19, 2021	Direct	F1
transaction	CABO	Common Stock, par value $0.01	Sale	-$68.9K	-34	-5.38%	$2,025.00	598	Aug 19, 2021	Direct

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	-150	-7.5%	$0.00	1.85K	Aug 19, 2021	Common Stock, par value $0.01	150	$1,540.92	Direct	F2

* 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 SARs exercised (150) and the number of shares issued as a result of the exercise (34). 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 Reporting Person was granted 2,000 SARs on April 1, 2020. 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.