Form 4 for OPTU Optimum Communications, Inc.
Accepted 2022-06-17 00:00:00 ET · period of report 2022-06-15 · accession 0000947871-22-000706 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-17 | 2022-06-15 | OPTU | Schmidt Colleen | EVP Human Resources | A - Grant | — | +142.6K | 366.9K | +64% | — |
| D | 2022-06-17 | 2022-06-15 | OPTU | Schmidt Colleen | EVP Human Resources | A - Grant | $0.00 | +368.2K | 368.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A common stock | 2022-06-15 | A | A | 142,586 | — | 366,887 | D | — | — | (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. (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. |
| 2 | Derivative | Stock Option (right to buy) | 2022-06-15 | A | A | 368,249 | $0.00 | 368,249 | D | $15.78 · — to 2031-12-29 | 368,249 Class A common stock | (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. (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. |