Form 4 for OPTU Optimum Communications, Inc.
Accepted 2022-10-28 00:00:00 ET · period of report 2022-10-26 · accession 0000947871-22-001111 · 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 | 2022-10-28 | 2022-10-26 | OPTU | Mathew Dennis | CEO | A - Grant | — | +1.72M | 1.72M | New | — |
| D | 2022-10-28 | 2022-10-26 | OPTU | Mathew Dennis | CEO | A - Grant | $0.00 | +3.14M | 3.14M | 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 | 2022-10-26 | A | A | 1,724,138 | — | 1,724,138 | D | — | — | (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. |
| 2 | Derivative | Stock option (right to buy) | 2022-10-26 | A | A | 3,144,654 | $0.00 | 3,144,654 | D | $5.80 · — to 2032-10-26 | 3,144,654 Class A Common Stock | (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. |