Julia M. Laulis - Nov 9, 2021 Form 4 Insider Report for Cable One, Inc. (CABO)

Signature
/s/ Peter N. Witty for Julia M. Laulis
Stock symbol
CABO
Transactions as of
Nov 9, 2021
Transactions value $
-$590,363
Form type
4
Date filed
11/12/2021, 06:01 PM
Previous filing
Oct 5, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CABO Common Stock, par value $0.01 Options Exercise $310K +500 +15.44% $619.66 3.74K Nov 9, 2021 Direct F1
transaction CABO Common Stock, par value $0.01 Disposed to Issuer -$311K -173 -4.63% $1,798.83 3.57K Nov 9, 2021 Direct F1, F2
transaction CABO Common Stock, par value $0.01 Sale -$589K -327 -9.17% $1,801.21 3.24K Nov 9, 2021 Direct F1
holding CABO Common Stock, par value $0.01 6.3K Nov 9, 2021 By Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CABO Stock Appreciation Rights Options Exercise $0 -500 -20% $0.00 2K Nov 9, 2021 Common Stock, par value $0.01 500 $619.66 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise of stock appreciation rights (SARs) and the disposition and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 27, 2021.
F2 This represents the difference between the number of SARs exercised (500) and the number of shares issued as a result of the exercise (327). Each SAR represents the right, upon exercise, to receive a number of shares of Common Stock equal in value to the amount, if any, by which the fair market value of Common Stock (as determined on the date of the exercise) exceeds the exercise price.
F3 6,298 shares are held by the John D. Laulis & Julia M. Laulis, a living trust, dated August 29, 2000.
F4 The Reporting Person was granted 5,000 SARs on January 3, 2017. The SARs vested and became exercisable as to 25% of the number of underlying shares covered by the grant on each of the first four anniversaries of the date of grant.