0000947871-20-000557.txt : 20200612 0000947871-20-000557.hdr.sgml : 20200612 20200612174822 ACCESSION NUMBER: 0000947871-20-000557 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200610 FILED AS OF DATE: 20200612 DATE AS OF CHANGE: 20200612 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schmidt Colleen CENTRAL INDEX KEY: 0001769422 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38126 FILM NUMBER: 20961294 MAIL ADDRESS: STREET 1: 1 COURT SQUARE W CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Altice USA, Inc. CENTRAL INDEX KEY: 0001702780 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 383980194 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 COURT SQUARE WEST CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 BUSINESS PHONE: (516) 803-2300 MAIL ADDRESS: STREET 1: 1 COURT SQUARE WEST CITY: LONG ISLAND CITY STATE: NY ZIP: 11101 4 1 ownership.xml X0306 4 2020-06-10 0 0001702780 Altice USA, Inc. ATUS 0001769422 Schmidt Colleen 1 COURT SQUARE WEST LONG ISLAND CITY NY 11101 0 1 0 0 EVP Human Resources Stock Option (right to buy) 28.36 2020-06-10 4 A 0 475000 0 A 2030-01-29 Class A common stock 475000 475000 D Performance Stock Units 2020-06-10 4 A 0 41116 0 A Class A common stock 41116 41116 D Performance Stock Units 2020-06-10 4 A 0 100193 0 A Class A common stock 100193 100193 D The grant was approved by a committee of the board of directors of the Issuer in January 2020, subject to shareholder approval of the Amended and Restated Altice USA 2017 Long Term Incentive Plan (the "Plan") under which the grant was made. The Issuer's shareholders approved the Plan on June 10, 2020. These Options were granted under the Plan and are scheduled to vest 50% on December 27, 2021, 25% on December 27, 2022 and 25% on December 27, 2023. Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A common stock of the Issuer. The PSUs vest on the day following the date on which the 30-day volume weighted average market price of the Issuer's Class A common stock equals or exceeds $50 per share. The PSUs will be forfeited if the applicable performance measure is not achieved prior to January 29, 2024 (January 29, 2026 in the event of a recession or market disruption event prior to achievement of the performance measure) or if the Reporting Person does not continue to provide services to the Issuer through the achievement date of the applicable performance measure. Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A common stock of the Issuer. The PSUs vest on the day following the date on which the 30-day volume weighted average market price of the Issuer's Class A common stock equals or exceeds $60 per share. /s/ Colleen Schmidt 2020-06-12