SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Seaton Scott W

(Last) (First) (Middle)
C/O MEDIACOM COMMUNICATIONS CORP
100 CRYSTAL RUN ROAD

(Street)
MIDDLETOWN NY 10941

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MEDIACOM COMMUNICATIONS CORP [ MCCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2011
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 03/04/2011(1) D 75,844 D (2)(3) 0 D
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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 Options (Right to Buy) $5 03/04/2011 D 20,000 (4) 04/22/2019 Class A Common Stock 20,000 (4) 0 D
Stock Option (right to buy) $4.92 03/04/2011 D 15,000 (5) 03/03/2020 Class A Common Stock 15,000 (5) 0 D
Explanation of Responses:
1. At a special meeting of stockholders of the Issuer held on March 4, 2011, the Issuer's stockholders adopted that certain Agreement and Plan of Merger, dated as of November 12, 2010, by and among the Issuer, JMC Communications LLC and Rocco B. Commisso (the "Merger Agreement").
2. These securities are composed of 68,344 shares of Class A common stock and 7,500 restricted stock units (representing 7,500 shares of Class A common stock). Pursuant to the terms of the Merger Agreement, 68,344 shares of Class A common stock were converted into the right to receive a cash payment equal to $8.75 per share of Class A common stock. Footnote 3 discusses the disposition of the restricted stock units.
3. 3,750 restricted stock units vest on March 4, 2011 and 3,750 restricted stock units vest on March 4, 2012. Pursuant to the terms of the Merger Agreement, 7,500 restricted stock units were cancelled and the Reporting Person was entitled to promptly receive a cash payment equal to $8.75 per share of Class A common stock.
4. These options provided for vesting in two equal annual installments beginning April 22, 2010. Pursuant to the terms of the Merger Agreement, options to purchase 20,000 shares of Class A common stock were cancelled and the Reporting Person was entitled to promptly receive a cash payment equal to $3.75 per share of Class A common stock.
5. These options provided for vesting in two equal annual installments beginning March 4, 2011. Pursuant to the terms of the Merger Agreement, options to purchase 15,000 shares of Class A common stock were cancelled and the Reporting Person was entitled to promptly receive a cash payment equal to $3.83 per share of Class A common stock.
/s/ Scott W. Seaton 03/09/2011
** 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 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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