Dennis Mathew - 26 Oct 2022 Form 4 Insider Report for Altice USA, Inc. (ATUS)

Role
Chief Executive Officer
Signature
/s/ Dennis Mathew
Issuer symbol
ATUS
Transactions as of
26 Oct 2022
Transactions value $
$0
Form type
4
Filing time
28 Oct 2022, 17:07:13 UTC
Previous filing
07 Oct 2022
Next filing
20 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATUS Class A Common Stock Award +1.72M 1.72M 26 Oct 2022 Direct F1

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 ATUS Stock option (right to buy) Award $0 +3.14M $0.00 3.14M 26 Oct 2022 Class A Common Stock 3.14M $5.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units granted pursuant to the Issuer's Amended and Restated Altice USA 2017 Long Term Incentive Plan (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 50% on October 26, 2024 and 25% on each of October 26, 2025 and October 26, 2026, respectively.
F2 Represents stock options granted pursuant to the Plan. The stock options vest 50% on October 26, 2024 and 25% on each of October 26, 2025 and October 26, 2026, respectively.