0001387131-23-010424.txt : 20230825 0001387131-23-010424.hdr.sgml : 20230825 20230825213225 ACCESSION NUMBER: 0001387131-23-010424 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230823 FILED AS OF DATE: 20230825 DATE AS OF CHANGE: 20230825 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: 231209923 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: 231209922 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: 231209921 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: ADVANCE/NEWHOUSE PARTNERSHIP CENTRAL INDEX KEY: 0001106770 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33664 FILM NUMBER: 231209925 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: 231209924 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 X0508 4 2023-08-23 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 110 EDISON PL, SUITE 302 NEWARK NJ 07102 1 0 1 0 0000914545 NEWHOUSE BROADCASTING CORP ONE WORLD TRADE CENTER NEW YORK NY 10007 1 0 1 0 0000914546 ADVANCE PUBLICATIONS, INC ONE WORLD TRADE CENTER NEW YORK NY 10007 1 0 1 0 0001455383 NEWHOUSE FAMILY HOLDINGS, L.P. ONE WORLD TRADE CENTER NEW YORK NY 10007 1 0 1 0 0 Common Stock 2023-08-23 4 X 1 125000 408.2063 D 3011511 D Common Stock 2023-08-23 4 J 1 125000 414.7847 A 3136511 D Common Stock 2023-08-23 4 X 1 125000 408.2063 D 3011511 D Common Stock 2023-08-23 4 J 1 125000 414.7847 A 3136511 D Common Stock 2023-08-24 4 X 1 125000 408.2063 D 3011511 D Common Stock 2023-08-24 4 J 1 125000 413.8823 A 3136511 D Common Stock 2023-08-24 4 X 1 125000 408.2063 D 3011511 D Common Stock 2023-08-24 4 J 1 125000 413.8823 A 3136511 D Common Stock 2023-08-25 4 X 1 125000 408.2063 D 3011511 D Common Stock 2023-08-25 4 J 1 125000 415.8709 A 3136511 D Common Stock 2023-08-25 4 X 1 125000 408.2063 D 3011511 D Common Stock 2023-08-25 4 J 1 125000 415.8709 A 3136511 D Call option (obligation to sell) 408.2063 2023-08-23 4 X 1 125000 0 D 2023-08-23 2023-08-23 Common Stock 125000 625000 D Put option (right to sell) 247.4860 2023-08-23 4 J 1 125000 0 D 2023-08-23 2023-08-23 Common Stock 125000 625000 D Call option (obligation to sell) 408.2063 2023-08-23 4 X 1 125000 0 D 2023-08-23 2023-08-23 Common Stock 125000 625000 D Put option (right to sell) 247.4860 2023-08-23 4 J 1 125000 0 D 2023-08-23 2023-08-23 Common Stock 125000 625000 D Call option (obligation to sell) 408.2063 2023-08-24 4 X 1 125000 0 D 2023-08-24 2023-08-24 Common Stock 125000 500000 D Put option (right to sell) 247.4860 2023-08-24 4 J 1 125000 0 D 2023-08-24 2023-08-24 Common Stock 125000 500000 D Call option (obligation to sell) 408.2063 2023-08-24 4 X 1 125000 0 D 2023-08-24 2023-08-24 Common Stock 125000 500000 D Put option (right to sell) 247.4860 2023-08-24 4 J 1 125000 0 D 2023-08-24 2023-08-24 Common Stock 125000 500000 D Call option (obligation to sell) 408.2063 2023-08-25 4 X 1 125000 0 D 2023-08-25 2023-08-25 Common Stock 125000 375000 D Put option (right to sell) 247.4860 2023-08-25 4 J 1 125000 0 D 2023-08-25 2023-08-25 Common Stock 125000 375000 D Call option (obligation to sell) 408.2063 2023-08-25 4 X 1 125000 0 D 2023-08-25 2023-08-25 Common Stock 125000 375000 D Put option (right to sell) 247.4860 2023-08-25 4 J 1 125000 0 D 2023-08-25 2023-08-25 Common Stock 125000 375000 D As previously disclosed, on August 6, 2018, Advance/Newhouse Partnership ("A/N") established a credit facility backed by an equity collar transaction and an aggregate of 6,000,000 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 with unaffiliated banks (each, a "Bank"), pursuant to which A/N wrote European call options and purchased European put options over an aggregate of 6,000,000 shares of Class A common stock (the "Common Stock") of Charter Communications, Inc. (the "Issuer"), half of which were unwound prior to or expired in August 2021 and half of which expire in 2023 (the Share Collar Transactions expiring in 2023, the "Transactions"). The Transactions expire evenly over a series of expiration dates from August 15 to August 30, 2023, inclusive. Pursuant to the Transaction with the relevant Bank, on the transaction date listed above, the Bank's call option was automatically exercised with respect to the portion of the Transaction expiring on such date, and, because the relevant Transaction is cash settled, in lieu of delivering Common Stock to the Bank, A/N paid to the Bank, for each share of Common Stock underlying such call options, the excess of the volume weighted average price of the Common Stock on the relevant transaction date over the strike price of $408.2063 with respect to such call option. On the same date, the related put option with respect to an equal number of shares of Common Stock expired unexercised. The settlement of the Transactions occurred pursuant to the formulas set forth in the Transaction agreements at the time they were entered into, and any reported sales of the Common Stock in connection therewith are deemed exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-6(b) thereunder. 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 shares of Common Stock beneficially owned by A/N and reported in Table I and the call options and put options held by A/N and reported in Table II due to their control of A/N. Each Reporting Person disclaims beneficial ownership except to the extent of its pecuniary interest. Advance/Newhouse Partnership, By: /s/ Oren Klein, Chief Financial Officer 2023-08-25 Newhouse Broadcasting Corporation, By: /s/ Oren Klein, Chief Financial Officer 2023-08-25 Advance Publications, Inc., By: /s/ Oren Klein, Chief Financial Officer 2023-08-25 Newhouse Family Holdings, L.P., By: Advance Long-Term Management Trust, as General Partner By: /s/ Michael A. Newhouse, Trustee 2023-08-25 Advance Long-Term Management Trust, By: /s/ Michael A. Newhouse, Trustee 2023-08-25