0001387131-20-001014.txt : 20200205 0001387131-20-001014.hdr.sgml : 20200205 20200205082918 ACCESSION NUMBER: 0001387131-20-001014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200204 FILED AS OF DATE: 20200205 DATE AS OF CHANGE: 20200205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ADVANCE/NEWHOUSE PARTNERSHIP CENTRAL INDEX KEY: 0001106770 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33664 FILM NUMBER: 20576432 BUSINESS ADDRESS: STREET 1: 5015 CAMPUSWOOD DR. CITY: EAST SYRACUSE STATE: NY ZIP: 13057 BUSINESS PHONE: 3154637675 MAIL ADDRESS: STREET 1: 5015 CAMPUSWOOD DR. CITY: EAST SYRACUSE STATE: NY ZIP: 13057 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ADVANCE LONG-TERM MANAGEMENT TRUST CENTRAL INDEX KEY: 0001455381 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33664 FILM NUMBER: 20576433 BUSINESS ADDRESS: STREET 1: FOUR TIMES SQUARE CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-381-7000 MAIL ADDRESS: STREET 1: FOUR TIMES SQUARE CITY: NEW YORK STATE: NY ZIP: 10036 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NEWHOUSE BROADCASTING CORP CENTRAL INDEX KEY: 0000914545 STATE OF INCORPORATION: NY FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33664 FILM NUMBER: 20576434 BUSINESS ADDRESS: STREET 1: 5015 CAMPUSWOOD DRIVE CITY: SYRACUSE STATE: NY ZIP: 13057 BUSINESS PHONE: 212-692-4400 MAIL ADDRESS: STREET 1: C/O SABIN BERMANT & GOULD STREET 2: 350 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ADVANCE PUBLICATIONS, INC CENTRAL INDEX KEY: 0000914546 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33664 FILM NUMBER: 20576435 BUSINESS ADDRESS: STREET 1: 950 FINGERBOARD ROAD CITY: STATEN ISLAND STATE: NY ZIP: 10305 BUSINESS PHONE: 7189811234 MAIL ADDRESS: STREET 1: 950 FINGERBOARD ROAD CITY: STATEN ISLAND STATE: NY ZIP: 10305 FORMER NAME: FORMER CONFORMED NAME: ADVANCE PUBLICATIONS INC DATE OF NAME CHANGE: 19931108 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NEWHOUSE FAMILY HOLDINGS, L.P. CENTRAL INDEX KEY: 0001455383 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33664 FILM NUMBER: 20576436 BUSINESS ADDRESS: STREET 1: FOUR TIMES SQUARE CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-381-7000 MAIL ADDRESS: STREET 1: FOUR TIMES SQUARE CITY: NEW YORK STATE: NY ZIP: 10036 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CHARTER COMMUNICATIONS, INC. /MO/ CENTRAL INDEX KEY: 0001091667 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 841496755 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 ATLANTIC STREET CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-905-7800 MAIL ADDRESS: STREET 1: 400 ATLANTIC STREET CITY: STAMFORD STATE: CT ZIP: 06901 FORMER COMPANY: FORMER CONFORMED NAME: CHARTER COMMUNICATIONS INC /MO/ DATE OF NAME CHANGE: 19990723 4 1 ownership.xml OWNERSHIP DOCUMENT X0306 4 2020-02-04 0 0001091667 CHARTER COMMUNICATIONS, INC. /MO/ CHTR 0001106770 ADVANCE/NEWHOUSE PARTNERSHIP 6350 COURT STREET EAST SYRACUSE NY 13057-1211 1 0 1 0 0001455381 ADVANCE LONG-TERM MANAGEMENT TRUST C/O ROBINSON MILLER LLC ONE NEWARK CENTER, 19TH FLOOR NEWARK NJ 07102 0 0 1 0 0000914545 NEWHOUSE BROADCASTING CORP 6350 COURT STREET EAST SYRACUSE NY 13057-1211 0 0 1 0 0000914546 ADVANCE PUBLICATIONS, INC 950 FINGERBOARD ROAD STATEN ISLAND NY 10305 0 0 1 0 0001455383 NEWHOUSE FAMILY HOLDINGS, L.P. ONE WORLD TRADE CENTER NEW YORK NY 10007 0 0 1 0 Call option (obligation to sell) 643.0830 2020-02-04 4 S 1 2100000 D Common Stock 2100000 2100000 D Call option (obligation to sell) 643.0830 2020-02-04 4 S 1 1000000 D Common Stock 1000000 1000000 D Call option (obligation to sell) 643.0830 2020-02-04 4 S 1 600000 D Common Stock 600000 600000 D Call option (obligation to sell) 643.0830 2020-02-04 4 S 1 300000 D Common Stock 300000 300000 D Put option (right to sell) 445.4935 2020-02-04 4 P 1 2100000 A Common Stock 2100000 2100000 D Put option (right to sell) 445.4935 2020-02-04 4 P 1 1000000 A Common Stock 1000000 1000000 D Put option (right to sell) 445.4935 2020-02-04 4 P 1 600000 A Common Stock 600000 600000 D Put option (right to sell) 445.4935 2020-02-04 4 P 1 300000 A Common Stock 300000 300000 D On February 4, 2020, Advance/Newhouse Partnership ("A/N") established a credit facility backed by an equity collar transaction and an aggregate of 4,000,000 Class B Common Units of Charter Communications Holdings, LLC ("Units") to provide financial flexibility to support its ongoing estate planning and its investment program and for other general corporate purposes. A/N entered into Share Collar Transactions (the "Transactions") with unaffiliated banks, pursuant to which A/N wrote European call options and purchased European put options over an aggregate of 4,000,000 shares of Class A common stock (the "Common Stock") of Charter Communications, Inc. (the "Issuer"). The Transactions will be settled in cash unless A/N elects physical settlement, in which case it expects to exchange Units for Class A Common Stock sufficient to satisfy its obligations under the Transactions. The Transaction expires evenly over a series of expiration dates from August 12, 2024 to September 5, 2024, inclusive. On the relevant expiration date, the call option will automatically be exercised (and the put option will expire unexercised) if the volume weighted average price of the Common Stock on the relevant expiration date (the "Reference Price") is greater than or equal to the call option strike price; the put option will automatically be exercised (and the call option will expire unexercised) if the Reference Price is less than or equal to the put option strike price; and the call option and the put option will each expire unexercised if the Reference Price is greater than the put option strike price but less than the call option strike price. The Transaction is a "zero-cost collar", in which no premium was exchanged for either the call option or the put option. Each of Newhouse Broadcasting Corporation, Advance Publications, Inc., Newhouse Family Holdings, L.P. and Advance Long-Term Management Trust may be deemed to beneficially own the call options and put options held by A/N and reported in Table II due to their control of A/N. /s/ Oren Klein 2020-02-04 /s/ Michael A. Newhouse 2020-02-04 /s/ Oren Klein 2020-02-04 /s/ Oren Klein 2020-02-04 /s/ Michael A. Newhouse 2020-02-04