Sec Form 4 Filing - DOLAN JAMES LAWRENCE @ CABLEVISION SYSTEMS CORP /NY - 2015-06-04

FORM 4 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 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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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/YY) 06/04/2015 (Street) OYSTER BAY, NY11771 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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) $ 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 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 0 D

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, NY11771 X CEO Member of 13D Group Dolan Kristin A C/O SCOTT METSCH KNICKERBOCKER GROUP LLC, PO BOX 420 OYSTER BAY, NY11771 X COO Trustee of Member of 13D Group Signatures /s/ James L. Dolan 06/08/2015 Signature of Reporting Person Date /s/ Kristin A. Dolan 06/08/2015 Signature of Reporting Person Date

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.

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