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Filing Details

Accession Number:: 0001140361-20-014582
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-06-23 18:19:31
Reporting Period:: 2020-06-19

Accepted Time:: 2020-06-23 18:19:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1702780	Altice Usa Inc.	ATUS	Cable & Other Pay Television Services (4841)	383980194

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1709662	S.a.r.l. Alt Next	5, Rue Eugene Ruppert Grand Duchy Of Luxembourg N4 L-2453	No	No	No	No
1709665	S.a. A4	5, Rue Eugene Ruppert Grand Duchy Of Luxembourg N4 L-2453	No	No	No	No
1709689	Patrick Drahi	5 Rue Eugene Ruppert Grand Duchy Of Luxembourg N4 L-2453	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2020-06-19	498,000	$24.23	18,560,426	No	4	S	Indirect	Altice CVC Lux S.a r.l.
Class A Common Stock	Disposition	2020-06-19	2,000	$24.98	18,558,426	No	4	S	Indirect	Altice CVC Lux S.a r.l.
Class A Common Stock	Disposition	2020-06-22	385,800	$24.22	18,172,626	No	4	S	Indirect	Altice CVC Lux S.a r.l.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Altice CVC Lux S.a r.l.
No	4	S	Indirect	Altice CVC Lux S.a r.l.
No	4	S	Indirect	Altice CVC Lux S.a r.l.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	41,369,305	Direct
Class A Common Stock	6,030,897	Indirect	Uppernext S.C.S.p
Class A Common Stock	1,000	Indirect	A4 S.A.

Footnotes

Represents the weighted average sale price. The highest price at which shares were sold was $24.77 and the lowest price at which shares were sold was $23.81. The Reporting Person undertakes to provide any security holder of Altice USA, Inc. or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each specific price. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Altice CVC Lux S.a r.l. ("Altice CVC Lux") on June 3, 2020.
These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Altice CVC Lux S.a r.l. ("Altice CVC Lux") on June 3, 2020.
Represents the weighted average sale price. The highest price at which shares were sold was $24.37 and the lowest price at which shares were sold was $23.81. The Reporting Person undertakes to provide any security holder of Altice USA, Inc. or the staff of the SEC, upon request, full information regarding the number of shares sold at each specific price. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Altice CVC Lux on June 3, 2020.
Next Alt S.a r.l. ("Next Alt") is a personal holding company of Mr. Drahi, who is its controlling shareholder. As of the date of this report, Next Alt directly and indirectly owns 77.58% of the share capital and voting rights of Altice Europe N.V. Altice Europe N.V. maintains a one-tier board of four executive board members, one of whom is Mr. Drahi, and four non-executive board members. The executive board members are appointed by shareholders at the general meeting at the binding nomination of Next Alt. Altice CVC Lux is an indirect wholly owned subsidiary of Altice Europe N.V. Mr. Drahi, Next Alt and Altice Europe N.V. may each be deemed to beneficially own the shares of the Issuer owned by Altice CVC Lux.
Mr. Drahi is the sole controlling shareholder of Uppernext S.C.S.p ("Uppernext"). As such, Mr. Drahi may be deemed to beneficially own shares of the Issuer held by Uppernext. A4 S.A., which is controlled by the family of Mr. Drahi, is an executive board member of Altice Europe N.V. Mr. Drahi is a director of the Issuer and Next Alt and A4 S.A. are parties to a stockholders agreement with the Issuer pursuant to which they have certain rights to appoint directors of the Issuer.
Each Reporting Person disclaims beneficial ownership of all interests reported on this Form 4 except to the extent of such Reporting Person's pecuniary interests.