0000947871-17-001034.txt : 20171227 0000947871-17-001034.hdr.sgml : 20171227 20171227171036 ACCESSION NUMBER: 0000947871-17-001034 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171221 FILED AS OF DATE: 20171227 DATE AS OF CHANGE: 20171227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Drahi Patrick CENTRAL INDEX KEY: 0001709689 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38126 FILM NUMBER: 171276601 MAIL ADDRESS: STREET 1: HAUS WHYMPER STREET 2: JJ SEILERWIESENSTRASSE CITY: ZERMATT STATE: V8 ZIP: 3920 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: A4 S.A. CENTRAL INDEX KEY: 0001709665 STATE OF INCORPORATION: N4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38126 FILM NUMBER: 171276599 BUSINESS ADDRESS: STREET 1: 3 BOULEVARD ROYAL CITY: LUXEMBOURG STATE: N4 ZIP: L2449 BUSINESS PHONE: 352 27 380 801 MAIL ADDRESS: STREET 1: 3 BOULEVARD ROYAL CITY: LUXEMBOURG STATE: N4 ZIP: L2449 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Next Alt S.a.r.l. CENTRAL INDEX KEY: 0001709662 STATE OF INCORPORATION: N4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38126 FILM NUMBER: 171276602 BUSINESS ADDRESS: STREET 1: 3 BOULEVARD ROYAL CITY: LUXEMBOURG STATE: N4 ZIP: L2449 BUSINESS PHONE: 352 27 380 801 MAIL ADDRESS: STREET 1: 3 BOULEVARD ROYAL CITY: LUXEMBOURG STATE: N4 ZIP: L2449 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Altice N.V. CENTRAL INDEX KEY: 0001709686 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38126 FILM NUMBER: 171276600 BUSINESS ADDRESS: STREET 1: PRINS BERNHARDPLEIN 200 CITY: AMSTERDAM STATE: P7 ZIP: 1097 JB BUSINESS PHONE: 31 20 521 4777 MAIL ADDRESS: STREET 1: PRINS BERNHARDPLEIN 200 CITY: AMSTERDAM STATE: P7 ZIP: 1097 JB REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CVC 3 B.V. CENTRAL INDEX KEY: 0001709684 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38126 FILM NUMBER: 171276598 BUSINESS ADDRESS: STREET 1: PRINS BERNHARDPLEIN 200 CITY: AMSTERDAM STATE: P7 ZIP: 1097 JB BUSINESS PHONE: 31 20 521 4777 MAIL ADDRESS: STREET 1: PRINS BERNHARDPLEIN 200 CITY: AMSTERDAM STATE: P7 ZIP: 1097 JB ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Altice USA, Inc. CENTRAL INDEX KEY: 0001702780 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 383980194 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1111 STEWART AVENUE CITY: BETHPAGE STATE: NY ZIP: 11714 BUSINESS PHONE: (516) 803-2300 MAIL ADDRESS: STREET 1: 1111 STEWART AVENUE CITY: BETHPAGE STATE: NY ZIP: 11714 4 1 ss73041_4.xml OWNERSHIP DOCUMENT X0306 4 2017-12-21 0 0001702780 Altice USA, Inc. ATUS 0001709662 Next Alt S.a.r.l. 5 RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453 LUXEMBOURG 1 0 1 0 0001709689 Drahi Patrick 5 RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453 LUXEMBOURG 1 0 1 0 0001709686 Altice N.V. PRINS BERNHARDPLEIN 200 AMSTERDAM P7 1097 JB NETHERLANDS 1 0 1 0 0001709665 A4 S.A. 5 RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453 LUXEMBOURG 1 0 0 0 0001709684 CVC 3 B.V. PRINS BERNHARDPLEIN 200 AMSTERDAM P7 1097 JB NETHERLANDS 1 0 1 0 Class A Common Stock 2017-12-21 4 C 0 5273297 A 5273297 I CVC 3 B.V. Class A Common Stock 2017-12-21 4 C 0 7961 A 5281258 I CVC 3 B.V. Class A Common Stock 2017-12-21 4 C 0 719636 A 7526349 I UpperNext S.C.S.p Class A Common Stock 2017-12-21 4 X 0 10939102 D 46177079 I Neptune Holding US LP Class A Common Stock 1000 I A4 S.A. Class A Unit 2017-12-21 4 C 0 5273297 0 D Class A common stock 5273297 46177079 I CVC 3 B.V. Class C Unit 2017-12-21 4 C 0 7961 0 D Class A common stock 7961 26628689 I CVC 3 B.V. Class C Unit 2017-12-21 4 C 0 719636 0 D Class A common stock 719636 876316 I UpperNext S.C.S.p Put Right 2017-12-21 4 X 0 10939102 0 D Class A common stock 10939102 46177079 I Neptune Holding US LP As of the date of this report, CVC 3 B.V. ("CVC 3") holds more than 10% of the Class A common stock of the Issuer on an as converted basis. Altice N.V. owns an indirect controlling interest in CVC 3. Mr. Drahi, Next Alt S.a r.l. ("Next Alt") and Altice N.V. may each be deemed to beneficially own the shares of the Issuer owned by CVC 3. CVC 3 is the sole member of Neptune Holding US GP LLC, which is the sole general partner of Neptune Holding US Limited Partnership ("Neptune Holding US LP"). As such, Mr. Drahi, Next Alt, Altice N.V. and CVC 3 may each be deemed to beneficially own shares of the Issuer held by Neptune Holding US LP. 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. Patrick Drahi is the sole controlling shareholder of Uppernext S.C.S.p ("Uppernext"). As such, Mr. Drahi may be deemed to beneficially own shares of the Issuer held by Uppernext. Next Alt is a personal holding company of Mr. Drahi, who is its sole indirect controlling shareholder. As of the date of this report, Next Alt is holder of 60.31% of the share capital and voting rights of Altice N.V. Altice N.V. maintains a one-tier board of three executive board members and three non-executive board members. The executive board members are appointed by shareholders at the general meeting at the binding nomination of Next Alt. A4 S.A., which is controlled by the family of Mr. Drahi, is an executive board member of Altice N.V. Altice N.V. and A4 S.A. are parties to a stockholders agreement with the Issuer pursuant to which they have certain rights to appoint directors of the Issuer. Class A Units represent a contingent right to receive shares of Class A common stock of the Issuer in the discretion of Neptune Holding US GP LLC. At the time a portion of this derivative security was converted to Class A common stock, as reported on this Form 4, another portion of this derivative security was canceled for no consideration due to other distributions of Class A common stock by Neptune Holding US LP. Class C Units represent a contingent right to receive, following vesting, shares of Class A common stock of the Issuer in the discretion of Neptune Holding US GP LLC. These Class C Units vest with CVC 3 upon the termination of employment of certain participants in the Neptune Management Limited Partnership Carry Unit Plan. At the time a portion of this derivative security was converted to Class A common stock, as reported on this Form 4, another portion of this derivative security was canceled for no consideration due to other distributions of Class A common stock by Neptune Holding US LP. These Class C Units vested 50% on December 21, 2017 and vest 25% on December 21, 2018 and 25% on December 21, 2019. Neptune Holdings US LP has an obligation to settle Class A Units and vested Class C and B-2 Units in either Class A common stock or a cash payment equivalent thereto. /s/ David Connolly, Attorney-in Fact for Next Alt S.a.r.l. 2017-12-26 /s/ David Connolly, Attorney-in Fact for Patrick Drahi 2017-12-26 /s/ David Connolly, Attorney-in Fact for Altice N.V. 2017-12-26 /s/ David Connolly, Attorney-in Fact for A4 S.A. 2017-12-26 /s/ David Connolly, Attorney-in Fact for CVC 3 B.V. 2017-12-26