Filing Details
- Accession Number:
- 0001567619-21-011294
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-27 17:29:29
- Reporting Period:
- 2021-05-25
- Accepted Time:
- 2021-05-27 17:29:29
- 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 | No | No | Yes | No | |
| 1709689 | Patrick Drahi | 5, Rue Eugene Ruppert Grand Duchy Of Luxembourg N4 L-2453 | No | 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 | 2021-05-25 | 2,350,000 | $37.21 | 34,719,305 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-05-25 | 1,560,161 | $37.21 | 33,159,144 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2021-05-25 | 600,604 | $17.45 | 6,631,501 | No | 4 | M | Indirect | Uppernext S.C.S.p |
| Class A Common Stock | Disposition | 2021-05-25 | 287,608 | $36.43 | 6,343,893 | No | 4 | F | Indirect | Uppernext S.C.S.p |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | J | Direct | |
| No | 4 | M | Indirect | Uppernext S.C.S.p |
| No | 4 | F | Indirect | Uppernext S.C.S.p |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (right to buy) Class A com-mon stock | Acquisiton | 2021-05-25 | 600,604 | $0.00 | 600,604 | $17.45 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-12-21 | 2027-12-30 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 260,000 | Indirect | Altice CVC Lux S.a r.l. |
| Class A Common Stock | 1,000 | Indirect | A4 S.A. |
Footnotes
- Next Alt S.a r.l. ("Next Alt") is an indirect wholly-owned and controlled personal holding company of Patrick Drahi. Uppernext S.C.S.p ("Uppernext") is a wholly-owned and controlled personal holding company of Patrick Drahi. Mr. Drahi may be deemed to beneficially own shares of the Issuer held by Next Alt and Uppernext.
- Altice CVC Lux S.a r.l. ("Altice CVC") is an indirect, wholly-owned and controlled company of Patrick Drahi and Next Alt. Mr. Drahi and Next Alt may be deemed to beneficially own shares of the Issuer held by Altice CVC.
- A4 S.A. ("A4") is a company controlled by the family of Patrick Drahi. Mr. Drahi is a director of the Issuer and Next Alt and A4 are parties to a stockholders agreement with the Issuer pursuant to which they have certain rights to appoint directors of the Issuer.
- 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.
- Shares were disposed of in a private transaction to satisfy a monetary obligation of Next Alt.
Billionaire Hedge Funds
