Layth Taki - 15 Jun 2022 Form 4 Insider Report for Altice USA, Inc. (ATUS)

Reporting relationship: Chief Accounting Officer
Issuer ticker: ATUS
Reported as of: 15 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Jun 2022, 17:47:08 UTC
Next SEC filing: 10 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Layth Taki

Key filing fact

Layth Taki filed Form 4 for Altice USA, Inc. (ATUS) on 17 Jun 2022.

Key facts

This page summarizes Layth Taki's Form 4 filing for Altice USA, Inc. (ATUS).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Jun 2022, 17:47.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ATUS transaction

Class A Common Stock

Award

Transaction value
Shares: +76,046
Change %: +61%
Price
Shares after: 200,615
Date: 15 Jun 2022
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ATUS transaction Derivative

Stock Option (right to buy)

Award

Transaction value: $0
Shares: +196,399
Change %
Price: $0.000000
Shares after: 196,399
Date: 15 Jun 2022
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 196,399
Exercise price: $15.78
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This grant was approved by a committee of the board of directors of the Issuer on December 23, 2021, subject to stockholder approval of an amendment to the Amended and Restated Altice USA 2017 Long Term Incentive Plan (the "Plan") under which the grant was made. The Issuer's stockholders approved the amendment to the Plan on June 15, 2022.

Footnote F2

Represents restricted share units granted pursuant to the Plan. Each restricted share unit represents a contingent right to receive one share of the Issuer's Class A common stock. The restricted share units vest in equal installments on each of December 29, 2022, 2023 and 2024.

Footnote F3

Represents stock options granted pursuant to the Plan. The stock options vest in equal installments on each of December 29, 2022, 2023 and 2024.