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Filing Details

Accession Number:
0000947871-20-000223
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 16:21:34
Reporting Period:
2020-03-05
Accepted Time:
2020-03-17 16:21:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1702780 Altice Usa Inc. ATUS Cable & Other Pay Television Services (4841) 383980194
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1709662 S.a.r.l. Alt Next 5, Rue Eugene Ruppert
Grand Duchy Of Luxembourg N4 L-2453
Yes No Yes No
1709665 S.a. A4 5, Rue Eugene Ruppert
Grand Duchy Of Luxembourg N4 L-2453
Yes No No No
1709689 Patrick Drahi 5, Rue Eugene Ruppert
Grand Duchy Of Luxembourg N4 L-2453
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2020-03-05 1,000,000 $26.61 46,369,305 No 4 S Direct
Class A Common Stock Disposition 2020-03-05 1,000,000 $27.15 45,369,305 No 4 S Direct
Class A Common Stock Disposition 2020-03-06 1,000,000 $26.56 44,369,305 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 24,475,295 Indirect Altice CVC Lux S.a r.l.
Class A Common Stock 8,317,223 Indirect UpperNext S.C.S.p
Class A Common Stock 1,000 Indirect A4 S.A.
Footnotes
  1. Next Alt S.a r.l. ("Next Alt") is a personal holding company of Mr. Drahi, who is its controlling shareholder. As of the date of this report, Next Alt directly and indirectly owns 77.58% of the share capital and voting rights of Altice Europe N.V. Altice Europe N.V. maintains a one-tier board of four executive board members, one of whom is Mr. Drahi, and four non-executive board members. The executive board members are appointed by shareholders at the general meeting at the binding nomination of Next Alt. Altice CVC Lux S.a r.l. ("Altice CVC Lux") is an indirect wholly owned subsidiary of Altice Europe N.V. Mr. Drahi, Next Alt and Altice Europe N.V. may each be deemed to beneficially own the shares of the Issuer owned by Altice CVC Lux.
  2. Mr. Drahi is the sole controlling shareholder of Uppernext S.C.S.p ("Uppernext"). As such, Mr. Drahi may be deemed to beneficially own shares of the Issuer held by Uppernext. A4 S.A., which is controlled by the family of Mr. Drahi, is an executive board member of Altice Europe N.V. Mr. Drahi is a director of the Issuer and Next Alt and A4 S.A. are parties to a stockholders agreement with the Issuer pursuant to which they have certain rights to appoint directors of the Issuer.
  3. Each Reporting Person disclaims beneficial ownership of all interests reported on this Form 4 except to the extent of such Reporting Person's pecuniary interests.