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Filing Details

Accession Number:: 0001091667-20-000116
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-05-07 17:58:21
Reporting Period:: 2020-05-05

Accepted Time:: 2020-05-07 17:58:21
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1091667	Charter Communications Inc.	CHTR	Cable & Other Pay Television Services (4841)	841496755

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1504089	L Christopher Winfrey	C/O Charter Communications, Inc. 400 Atlantic Street Stamford CT 06901	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2020-05-05	117,664	$60.96	149,917	No	4	M	Direct
Class A Common Stock	Disposition	2020-05-05	64,702	$516.90	85,215	No	4	F	Direct
Class A Common Stock	Acquisiton	2020-05-05	50,428	$60.96	135,643	No	4	M	Direct
Class A Common Stock	Disposition	2020-05-05	27,730	$516.93	107,913	No	4	F	Direct
Class A Common Stock	Disposition	2020-05-05	19,552	$516.44	88,361	No	4	S	Direct
Class A Common Stock	Disposition	2020-05-06	9,239	$508.51	79,122	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-05-06	45,845	$60.96	45,845	No	4	M	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II
Class A Common Stock	Disposition	2020-05-06	5,536	$504.85	40,309	No	4	F	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II
Class A Common Stock	Acquisiton	2020-05-06	19,647	$60.96	59,956	No	4	M	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II
Class A Common Stock	Disposition	2020-05-06	2,373	$504.92	57,583	No	4	F	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II
No	4	F	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II
No	4	M	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II
No	4	F	Indirect	Shares held by Christopher L. Winfrey 2018 GRAT II

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Options	Disposition	2020-05-05	117,664	$0.00	117,664	$60.96
Class A Common Stock	Stock Options	Disposition	2020-05-05	50,428	$0.00	50,428	$60.96
Class A Common Stock	Stock Options	Disposition	2020-05-06	45,845	$0.00	45,845	$60.96
Class A Common Stock	Stock Options	Disposition	2020-05-06	19,647	$0.00	19,647	$60.96

Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2021-04-26	No	4	M	Direct
2021-04-26	No	4	M	Direct
2021-04-26	No	4	M	Indirect
2021-04-26	No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	27,126	Indirect	Shares held by Atalaya Management, LLC
Class A Common Stock	34,908	Indirect	Shares held by Winfrey Dynasty Trust
Class A Common Stock	34,909	Indirect	Shares held by Yeniley L Winfrey Irrevocable Trust
Class A Common Stock	945	Indirect	Shares held by Yeniley Lorenzo Winfrey Rev Tr U/A DTD 07/27/2001

Footnotes

To address the near-term expiration of ten-year performance-based and ten-year time-based stock options, the reporting person exercised options granted in 2011 under the Charter Communications, Inc. 2009 Stock Incentive Plan.
Withholding of securities for the purpose of paying the exercise price and paying taxes.
Based on an estimate of the tax withholding obligation, a portion of May 5, 2020 net settled shares held directly by Mr. Winfrey were sold to fund tax withholding obligations related to the net settlement exercise of 45,845 ten-year performance-based stock options and 19,647 ten-year time-based options held by the Christopher L. Winfrey 2018 GRAT II reported herein. The total net effect of direct and indirect holding of stock options exercised on May 5 and 6, 2020 was that, after settlement of the exercise price and taxes, the residual value of the option exercises to Mr. Winfrey's direct and indirect holdings was over 99% delivered in Charter stock versus cash.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $516.25 to $517.32, inclusive, for sales on May 5, 2020 and prices ranging from $507.00 to $510.335, inclusive, for sales on May 6, 2020. The reporting person undertakes to provide Charter Communications, Inc., any security holder of Charter Communications, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Withholding of securities for the purpose of paying the exercise price.
Performance-vesting stock options granted on April 26, 2011 under the Charter Communications, Inc. 2009 Stock Incentive Plan. The options became fully exercisable on November 1, 2013.
Time-vesting stock options granted on April 26, 2011 under the Charter Communications, Inc. 2009 Stock Incentive Plan. The options became fully exercisable on November 1, 2013.