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ATUS Altice USA Inc

1.765
-0.015 (-0.84%)
Last Updated: 15:04:05
Delayed by 15 minutes
Share Name Share Symbol Market Type
Altice USA Inc NYSE:ATUS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.015 -0.84% 1.765 1.82 1.755 1.82 232,857 15:04:05

Statement of Changes in Beneficial Ownership (4)

27/05/2021 10:32pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Next Alt S.a.r.l.
2. Issuer Name and Ticker or Trading Symbol

Altice USA, Inc. [ ATUS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

5, RUE EUGENE RUPPERT
3. Date of Earliest Transaction (MM/DD/YYYY)

5/25/2021
(Street)

GRAND DUCHY OF LUXEMBOURG, N4 L-2453
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock 5/25/2021  S  2350000 D$37.21 34719305 D  
Class A common stock 5/25/2021  J(5)  1560161 D$37.21 33159144 D  
Class A common stock 5/25/2021  M  600604 A$17.445 6631501 I Uppernext S.C.S.p (1)(4)
Class A common stock 5/25/2021  F  287608 D$36.43 6343893 I Uppernext S.C.S.p (1)(4)
Class A common stock         260000 I Altice CVC Lux S.a r.l. (2)(4)
Class A common stock         1000 I A4 S.A. (3)(4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) Class A com-mon stock $17.445 5/25/2021  M   600604    12/21/2021 12/30/2027 Class A common stock 600604 $0 0 I Uppernext S.C.S.p (1)(4)

Explanation of Responses:
(1) Next Alt S.a r.l. ("Next Alt") is an indirect wholly-owned and controlled personal holding company of Patrick Drahi. Uppernext S.C.S.p ("Uppernext") is a wholly-owned and controlled personal holding company of Patrick Drahi. Mr. Drahi may be deemed to beneficially own shares of the Issuer held by Next Alt and Uppernext.
(2) Altice CVC Lux S.a r.l. ("Altice CVC") is an indirect, wholly-owned and controlled company of Patrick Drahi and Next Alt. Mr. Drahi and Next Alt may be deemed to beneficially own shares of the Issuer held by Altice CVC.
(3) A4 S.A. ("A4") is a company controlled by the family of Patrick Drahi. Mr. Drahi is a director of the Issuer and Next Alt and A4 are parties to a stockholders agreement with the Issuer pursuant to which they have certain rights to appoint directors of the Issuer.
(4) 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.
(5) Shares were disposed of in a private transaction to satisfy a monetary obligation of Next Alt.

Remarks:
Exhibit 24.1 - Power of Attorney for Next Alt S.a r.l.; Exhibit 24.2 - Power of Attorney for Patrick Drahi; Exhibit 24.3 - Power of Attorney for A4 S.A.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Next Alt S.a.r.l.
5, RUE EUGENE RUPPERT
GRAND DUCHY OF LUXEMBOURG, N4 L-2453
XX

Drahi Patrick
5, RUE EUGENE RUPPERT
GRAND DUCHY OF LUXEMBOURG, N4 L-2453

X

A4 S.A.
5, RUE EUGENE RUPPERT
GRAND DUCHY OF LUXEMBOURG, N4 L-2453

X


Signatures
/s/ Jeremie Bonnin, attorney in fact for Next Alt S.a r.l.5/27/2021
**Signature of Reporting PersonDate

/s/ Jeremie Bonnin, attorney in fact for Patrick Drahi5/27/2021
**Signature of Reporting PersonDate

/s/ Jeremie Bonnin, attorney in fact for A4 S.A.5/27/2021
**Signature of Reporting PersonDate

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