UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrants | 11/30/2009 | 11/30/2016 | Class A Common Stock | 4,669,384 | $ 19.8 | D | Â |
Warrants | 11/30/2009 | 11/30/2014 | Class A Common Stock | 387,230 | $ 46.86 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ALLEN PAUL G C/O VULCAN, INC. 505 FIFTH AVENUE SOUTH, SUITE 900 SEATTLE, WA 98104 |
 X |  |  |  |
/s/ William L. McGrath, by Power of Attorney | 09/14/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
 Remarks: Pursuant to the Joint Plan of Reorganization of Charter Communications, Inc. (the "Company") and its affiliated Debtors, dated May 7, 2009, as amended (the "Plan"), Paul G. Allen is entitled to appoint four of the eleven members of the reorganized Company's Board of Directors (the "Board"), and such members are entitled to continue to serve on the Board until at least the first annual meeting of the Company's stockholders, which meeting is not to take place prior to the one year anniversary of the effective date of the Plan.  The Plan was confirmed by order of the Bankruptcy Court for the Southern District of New York on November 17, 2009 and became effective on November 30, 2009 (the "Effective Date").  On the Effective Date, Mr. Allen appointed the following four individuals to serve on the Board:  W. Lance Conn, John D. Markley, Jr., Christopher M. Temple and William L. McGrath.  In addition to Mr. Allen's rights under the Plan, as holder of the Company's Class B Common Stock, and for so long as the Class B Common Stock remains outstanding, in all elections of directors, Mr. Allen is entitled to elect 35% of the members of the Board (rounded up to the next whole number). Mr. McGrath is currently an employee of Vulcan Inc., which is owned by Mr. Allen.  Messrs. Conn and Temple were former employees of Vulcan Inc. but resigned from their positions in May 2009 and December 2009, respectively. |