-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OSAiSzKvRW6UCVpQ8Oi6pdQhMlZticzQfM+tAH5qAPcTEliM3Y4OmmZgRaDkdPxP bI3naJxB01RWkYTelyq9YA== 0000889812-99-002370.txt : 19990811 0000889812-99-002370.hdr.sgml : 19990811 ACCESSION NUMBER: 0000889812-99-002370 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990731 FILED AS OF DATE: 19990810 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INSIGHT COMMUNICATIONS CO INC CENTRAL INDEX KEY: 0001084421 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 134053502 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-26677 FILM NUMBER: 99683203 BUSINESS ADDRESS: STREET 1: 126 EAST 56TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2123712266 MAIL ADDRESS: STREET 1: INSIGHT COMMUNICATIONS CO INC STREET 2: 126 EAST 56TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 COMPANY DATA: COMPANY CONFORMED NAME: KNAFEL SIDNEY R CENTRAL INDEX KEY: 0000924039 STANDARD INDUSTRIAL CLASSIFICATION: [] OWNER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 126 EAST 56 STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2123712266 MAIL ADDRESS: STREET 1: 126 EAST 56 STREET CITY: NEW YORK STATE: NY ZIP: 10022 4 1 FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 / / Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person Knafel Sidney R. (Last) (First) (Middle) c/o Insight Communications Company, Inc. 126 East 56th Street (Street) New York NY 10022 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Insight Communications Company, Inc. (ICCI) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year July, 1999 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) /X/ Director / / 10% Owner /X/ Officer (give title below) / / Other (specify below) Chairman of the Board --------------------- 7. Individual or Joint/Group Reporting (Check Applicable Line) Individual
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 5. Amount of Secu- rities 4. Securities Acquired (A) Bene- 6. Ownership 2. Trans- 3. Trans- or Disposed of (D) ficially Form: action action (Instr. 3, 4 and 5) Owned Direct 7. Nature of Date Code ----------------------------- at End (D) or Indirect (Month/ (Instr. 8) (A) of Month Indirect Beneficial 1. Title of Security Day/ ------------- Amount or Price (Instr. (I) Ownership (Instr. 3) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4) - ----------------------------- ---------- ------ ----- ------------ --- ---------- ----------- ------------- ---------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 2. Conver- 5. Number of Deriv- 6. Date Exercisable sion or 3. Trans- ative Securities and Expiration Date Exercise action 4. Transac- Acquired (A) or (Month/Day/Year) Price of Date tion Code Disposed of (D) ---------------------- Deriv- (Month/ (Instr. 8) (Instr. 3, 4, and 5) Date 1. Title of Derivative Security ative Day/ ------------- -------------------------- Exercis- Expiration (Instr. 3) Security Year) Code V (A) (D) able Date - ---------------------------------------- ----------- ---------- ------ ----- ------------ ------------ ---------- ---------- Class B Common Stock None 7/26/99 J(1) 3,471,477 Immed. None Class B Common Stock None 7/26/99 J(1) 425,955 Immed. None Employee Stock Option $24.50 7/21/99 A V 542,095 (4) 7/20/09 (Right to Buy)(3) Employee Stock Option $26.95 7/21/99 A V 20,405 (5) 7/20/04 (Right to Buy)(3) 9. Number of 10. Ownership Derivative Form of Securities Derivative 7. Title and Amount of Underlying Benefi- Security: Securities (Instr. 3 and 4) cially Direct 11. Nature of ---------------------------------------- 8. Price of Owned at (D) or Indirect Amount or Derivative End of Indirect Beneficial 1. Title of Derivative Title Number of Security Month (I) Ownership Security (Instr. 3) Shares (Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4) - --------------------------- --------------------------- ----------- ------------- ------------- -------------- --------------- Class B Common Stock Class A Common 3,471,477 (1) 3,471,477 I By ICI Stock (2) Communications, Inc. Class B Common Stock Class A Common 425,955 (1) 425,955 I By Estate Stock (2) Employee Stock Option Class B Common 542,095 542,095 D (Right to Buy)(3) Stock Employee Stock Option Class B Common 20,405 20,405 D (Right to Buy)(3) Stock
Explanation of Responses: (1) The Reporting Person acquired Class B Common Stock immediately prior to the consummation of the Issuer's initial public offering in respect of a partnership based upon a price per share of $24.50. (2) Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon the occurence of certain events that are specified in the Issuer's Restated Certificate of Incorporation. (3) Each line represents options relating to a single option grant. (4) The option vests in five equal installments commencing July 21, 2000. (5) The option vests in five equal installments commencing July 21, 2000. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Sidney R. Knafel August 10, 1999 ----------------------------- --------------- Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. -----END PRIVACY-ENHANCED MESSAGE-----