SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Olson Jack

(Last)

(First)

(Middle)

5 WEST STREET

(Street)

COUDERSPORT

16915

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/27/2004

3. Issuer Name and Ticker or Trading Symbol
ADELPHIA COMMUNICATIONS CORP [ ADELQ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr. V.P. - Media Services

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	108.2166	I	By 401(k) Plan
Class A Common Stock	1,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Performance Units⁽¹⁾	⁽²⁾⁽⁴⁾	⁽⁴⁾	Class A Common Stock	590	⁽⁵⁾	D
Performance Units⁽¹⁾	⁽³⁾⁽⁴⁾	⁽⁴⁾	Class A Common Stock	813	⁽⁵⁾	D
Employee Stock Option	⁽⁶⁾	02/06/2011	Class A Common Stock	1,000	$44.25	D

Explanation of Responses:

1. Performance Units represent "phantom" stock of the Issuer's Class A Common Stock.

2. These Performance Units were awarded on August 11, 1999.

3. These Performance Units were awarded on January 3, 2001.

4. Vested Performance Units are payable upon a "payment event," which is defined to include retirement, death and certain termination of employment. Performance Units vest over a 3 year period beginning December 31st following the date of the award: 33-1/3% on 1st anniversary, 66-2/3% on 2nd anniversary and 100% on 3rd anniversary.

5. Upon a Payment Event, the Reporting Person's account shall be valued based on the 20 day average price of the stock ending February 28 of the year in which the Payment Event occurs.

6. The option becomes exercisable in 2 installments: 60% on 2-6-04 and the remaining 40% on 2-6-05.

	/s/ Jack Olson	07/27/2004
	** 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 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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