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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Subordinated Accreting Note | $ 2 | 10/31/2005 | J(1)(2) | $ 48,200,000 (1) (2) | 10/31/2005 | 10/31/2020 | Class A Common Stock | 24,100,000 (1) (2) | $ 2 | $ 48,200,000 (1) (2) | I | By corporation (1) (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ALLEN PAUL G 505 FIFTH AVE SOUTH SUITE 900 SEATTLE, WA 98104 |
X | X | Chairman |
Greg Landis, by Power of Attorney | 11/01/2005 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Subordinated Accreting Note (the "Note") was acquired by a corporation that is controlled by the Reporting Person in exchange for securities of a subsidiary of the Issuer, in settlement of a dispute between the Reporting Person, corporations controlled by the Reporting Person (including the corporation that acquired the Note), the Issuer and certain subsidiaries of the Issuer. The Note bears interest at the rate of 14% per year, which will be added to the initial accreted value of the Note through February 28, 2009 and will be added to the accreted value of the Note to the extent not paid in cash. |
(2) | At any time, the holder of the Note may exchange the then-accreted value of the Note for membership units of Charter Communications Holding Company, LLC, which units may be further converted into Class B Common Stock of the Issuer pursuant to an agreement between the Reporting Person, the Issuer and certain other entities and such shares of Class B Common Stock may be converted into shares of Class A Common Stock of the Issuer at any time. The Note is also exchangeable at the option of Charter Communications Holding Company, LLC for membership units after February 28, 2009 customary under certain circumstances and is redeemable for cash by the issuer of the Note under certain circumstances. The Note's exchange price is subject to adjustment upon the occurrence of specified dilutive events. |