Statement of Changes in Beneficial Ownership (4)

FORM 4 [ X ] 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 * DOLAN JAMES LAWRENCE	2. Issuer Name and Ticker or Trading Symbol CABLEVISION SYSTEMS CORP /NY [ CVC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director                      _____ 10% Owner __ X __ Officer (give title below)      __ X __ Other (specify below) CEO / Member of 13D Group
(Last)          (First)          (Middle) C/O SCOTT METSCH, KNICKERBOCKER GROUP LLC, PO BOX 420	3. Date of Earliest Transaction (MM/DD/YYYY) 5/25/2016
(Street) OYSTER BAY, NY 11771 (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
Cablevision NY Group Class A Common Stock	5/25/2016		M		264000	A	$12.48	1249611   (1)	D   (2)
Cablevision NY Group Class A Common Stock	5/25/2016		F (3)		182209	D	$34.64	1067402   (1)	D   (2)
Cablevision NY Group Class A Common Stock								214381   (4)	I   (5)	By spouse
Cablevision NY Group Class A Common Stock								7700	I   (6) (7)	By minor children
Cablevision NY Group Class A Common Stock								14750	I   (6) (8)	By members of the household
Cablevision NY Group Class A Common Stock								1866.149	I   (5)	By spouse's 401(k)

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 Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. 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 Date		7. 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (Right to Buy)	$12.48   (9)	5/25/2016		M			264000	6/5/2007   (10)	6/5/2016	Cablevision NY Group Class A Common Stock	264000	$0.00	0	D   (2)

Explanation of Responses:
( 1)	Includes shares held jointly with Kristin A. Dolan.
( 2)	Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan (other than securities held jointly with her spouse) and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
( 3)	Withholding of securities to pay exercise price and tax withholding exempt under Rule 16b-3(e).
( 4)	Includes restricted shares.
( 5)	Securities held directly by Kristin A. Dolan (or indirectly by Kristin A. Dolan through a 401(k) plan), Mr. Dolan's spouse, and indirectly held by James L. Dolan. James L. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that he is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities. Excludes shares held jointly with James L. Dolan, which are reflected on James L. Dolan's direct holdings.
( 6)	Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that either is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
( 7)	Shares of Class A Common Stock held by James L. Dolan, as custodian for the Reporting Persons' minor children.
( 8)	Shares of Class A Common Stock held by members of the Reporting Persons' household.
( 9)	Each stock option was previously reported at an exercise price of $20.51, but has been adjusted to reflect distributions.
( 10)	Options vested in equal increments over three years beginning on June 5, 2007.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
DOLAN JAMES LAWRENCE C/O SCOTT METSCH KNICKERBOCKER GROUP LLC, PO BOX 420 OYSTER BAY, NY 11771	X		CEO	Member of 13D Group
Dolan Kristin A C/O SCOTT METSCH KNICKERBOCKER GROUP LLC, PO BOX 420 OYSTER BAY, NY 11771	X		COO	Trustee of Member of 13D Group

Signatures
/s/ James L. Dolan		5/27/2016
** Signature of Reporting Person		Date
/s/ Kristin A. Dolan		5/27/2016
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	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).
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