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