Christopher D. Boone - 26 May 2022 Form 4 Insider Report for Cable One, Inc. (CABO)

Signature
/s/ Peter N. Witty for Christopher D. Boone
Issuer symbol
CABO
Transactions as of
26 May 2022
Net transactions value
-$167,895
Form type
4
Filing time
31 May 2022, 17:19:55 UTC
Previous filing
08 Mar 2022
Next filing
05 Jan 2023

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 $304,485 +375 +36% $811.96 1,422 26 May 2022 Direct
transaction CABO Common Stock, par value $0.01 Disposed to Issuer $304,700 -244 -17% $1248.77 1,178 26 May 2022 Direct F1
transaction CABO Common Stock, par value $0.01 Sale $167,680 -131 -11% $1280.00 1,047 26 May 2022 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 -375 -50% $0.000000 375 26 May 2022 Common Stock, par value $0.01 375 $811.96 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 stock appreciation rights (SARs) exercised (375) and the number of shares issued as a result of the exercise (131). 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 1,500 SARs on January 3, 2019. 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, Business Services & Emerging Markets.