SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* DOLAN JAMES LAWRENCE (Last) (First) (Middle) C/O SCOTT METSCH KNICKERBOCKER GROUP LLC, PO BOX 420 (Street) OYSTER BAY NY 11771 (City) (State) (Zip)	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
	3. Date of Earliest Transaction (Month/Day/Year) 06/04/2015
	4. If Amendment, Date of Original Filed (Month/Day/Year)	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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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	06/04/2015		M		120,000	A	$9.44	1,105,611(1)	D(2)
Cablevision NY Group Class A Common Stock	06/04/2015		M		60,000	A	$9.44	1,165,611(1)	D(2)
Cablevision NY Group Class A Common Stock	06/04/2015		S		180,000	D	$23.82(3)	985,611(1)	D(2)
Cablevision NY Group Class A Common Stock								240,663	I(4)	By spouse
Cablevision NY Group Class A Common Stock								7,700	I(5)(6)	By minor children
Cablevision NY Group Class A Common Stock								13,800	I(6)(7)	By members of the household
Cablevision NY Group Class A Common Stock								1,874.258	I(4)	By spouse's 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 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: 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)	$9.44(8)	06/04/2015		M			120,000(9)	11/08/2006(10)	11/08/2015	Cablevision NY Group Class A Common Stock	120,000	$0.00	0	D
Options (Right to Buy)	$9.44(8)	06/04/2015		M			60,000(9)	11/08/2008	11/08/2015	Cablevision NY Group Class A Common Stock	60,000	$0.00	0	D

1. Name and Address of Reporting Person* DOLAN JAMES LAWRENCE (Last) (First) (Middle) C/O SCOTT METSCH KNICKERBOCKER GROUP LLC, PO BOX 420 (Street) OYSTER BAY NY 11771 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director 10% Owner X Officer (give title below) X Other (specify below) CEO Member of 13D Group

1. Name and Address of Reporting Person* Dolan Kristin A (Last) (First) (Middle) C/O SCOTT METSCH KNICKERBOCKER GROUP LLC, PO BOX 420 (Street) OYSTER BAY NY 11771 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director 10% Owner X Officer (give title below) X Other (specify below) COO Trustee of Member of 13D Group

Explanation of Responses:

1. Includes shares held jointly with Kristin A. Dolan.

2. Shares held directly by James L. Dolan, Ms. Dolan's spouse, and indirectly held by Kristin A. Dolan or held jointly with Kristin A. Dolan. Kristin A. Dolan disclaims beneficial ownership of these securities (other than shares held jointly with James L. Dolan) 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. This transaction was executed in multiple trades at prices ranging from $23.650 to $24.048 per share, inclusive. The price reported above reflects the weighted average sale price. Mr. Dolan hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

4. Shares 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.

5. Shares of Class A Common Stock held by James L. Dolan, as custodian for the Reporting Persons' minor children.

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 held by members of the Reporting Persons' household.

8. Each stock option was previously reported at an exercise price of $25.51, but has been adjusted to reflect dividends.

9. Exercise of options under the Company's Employee Stock Plan, exempt under Rule 16b-3.

10. Grant vested in increments over three years on November 8, 2006, November 8, 2007 and November 8, 2008.

Remarks:

	/s/ James L. Dolan	06/08/2015
	/s/ Kristin A. Dolan	06/08/2015
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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