Sec Form 3 Filing - Bruzzese Maria @ Altice USA, Inc. - 2022-09-30

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
Bruzzese Maria
2. Issuer Name and Ticker or Trading Symbol
Altice USA, Inc. [ ATUS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
(Last) (First) (Middle)
1 COURT SQUARE WEST
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2022
(Street)
LONG ISLAND CITY, NY11101
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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
Class A Common Stock 162,047( 1 ) D
Stock Option (Right to Buy)
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
Stock Option (Right to Buy) $ 17.57 06/27/2021 06/27/2028 Class A Common Stock 14,226 D
$ 24.08 06/26/2022 06/26/2029 Class A Common Stock 10,382 D
Stock Option (Right to Buy) $ 25.45 06/26/2022 07/31/2029 Class A Common Stock 9,824 D
Performance Stock Units ( 2 ) ( 2 ) ( 3 ) Class A Common Stock 7,358 D
Performance Stock Units ( 4 ) ( 4 ) ( 3 ) Class A Common Stock 17,929 D
Stock Option (Right to Buy) $ 28.36 ( 5 ) 01/29/2030 Class A Common Stock 85,000 D
Stock Option (Right to Buy) $ 15.78 ( 6 ) 12/29/2031 Class A Common Stock 61,375 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bruzzese Maria
1 COURT SQUARE WEST
LONG ISLAND CITY, NY11101
Chief Accounting Officer
Signatures
/s/ Maria Bruzzese 10/11/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes shares of Class A common stock owned and restricted share units that were granted in December 2021 pursuant to the Amended and Restated Altice USA 2017 Long Term Incentive Plan, as amended (the "Plan"). Each restricted share unit represents a contingent right to receive one share of the Issuer's Class A common stock. The restricted share units vest in equal installments on each of December 29, 2022, 2023 and 2024.
( 2 )Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A common stock. The PSUs vest on the day following the date on which the 30-day volume weighted average market price of the Issuer's Class A common stock equals or exceeds $50 per share.
( 3 )The PSUs will be forfeited if the applicable performance measure is not achieved prior to January 29, 2026 or if the Reporting Person does not continue to provide services to the Issuer through the achievement date of the applicable performance measure.
( 4 )Each PSU represents a contingent right to receive one share of the Issuer's Class A common stock. The PSUs vest on the day following the date on which the 30-day volume weighted average market price of the Issuer's Class A common stock equals or exceeds $60 per share
( 5 )These Options were granted pursuant to the Plan, and vested 50% on December 27, 2021 and will vest 25% on December 27, 2022 and 25% on December 27, 2023.
( 6 )These Options were granted pursuant to the Plan and are scheduled to vest in equal installments on each of December 29, 2022, 2023 and 2024.

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 4(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).

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