EQUITY PLANS (Tables)

6 Months Ended

Jun. 30, 2015

The following assumptions were used to calculate the fair value of the stock options award granted in the first quarter of 2015:

The following table summarizes activity relating to Company employees who held Cablevision stock options for the six months ended June 30, 2015:



	Shares Under Option				Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in years)
	Time Vesting Options		Performance Based Vesting Options		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (a)
Balance, December 31, 2014	5,097,666		7,633,500		$	14.41	7.17	$	79,347
Granted	2,000,000		—		19.17
Exercised	(302,500	)	(736,383	)	12.74
Balance, June 30, 2015	6,795,166		6,897,117		$	15.23	7.26	$	119,267
Options exercisable at June 30, 2015	795,166		6,897,117		$	13.90	6.15	$	77,207
Options expected to vest in the future	6,000,000		—		$	16.93	8.68	$	42,060


(a)	The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award and (ii) the quoted price of CNYG Class A common stock on June 30, 2015 or December 31, 2014, as indicated, and June 30, 2015 in the case of options exercisable and options expected to vest in the future.

The following table summarizes activity relating to Company employees who held Cablevision restricted shares for the six months ended June 30, 2015:



	Number of Restricted Shares		Number of Performance Based Restricted Shares		Weighted Average Fair Value Per Share at Date of Grant
Unvested award balance, December 31, 2014	5,314,870		2,035,300		$	15.46
Granted	1,703,130		584,400		19.17
Vested	(1,571,162	)	(739,600	)	14.47
Awards forfeited	(292,265	)	—		16.47
Unvested award balance, June 30, 2015	5,154,573		1,880,100		16.94