UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 14, 2006 MEDIACOM COMMUNICATIONS CORPORATION (Exact name of Registrant as specified in its charter) Delaware 0-29227 06-1566067 (State of incorporation) (Commission File No.) (IRS Employer Identification No.) 100 Crystal Run Road Middletown, New York 10941 (Address of principal executive offices) Registrant's telephone number: (845) 695-2600 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))Item 1.01. Entry into a Material Definitive Agreement. On March 14, 2006, the Board of Directors of Mediacom Communications Corporation (the "Registrant") approved a payment and awarded options and restricted stock units to each non-employee director for serving on the Board of Directors during 2005. Such non-employee directors are Craig S. Mitchell, William S. Morris III, Thomas V. Reifenheiser, Natale S. Ricciardi and Robert L. Winikoff. Payments The Board of Directors approved a payment of $25,000 to each non-employee director. In addition, the Board of Directors approved a payment of $10,000 to Thomas V. Reifenheiser for serving as Chairman of the Audit Committee during 2005 and a payment of $5,000 to Natale S. Ricciardi for serving as Chairman of the Compensation Committee during 2005. Stock Option Awards Each non-employee director received options under the Registrant's Non-Employee Directors Equity Incentive Plan to purchase 10,000 shares of Class A common stock at an exercise price of $5.68 per share, which was the closing price of the Registrant's Class A common stock on March 14, 2006. The options are subject to vesting in two equal annual installments commencing March 14, 2007 and expire on March 14, 2012. Restricted Stock Unit Awards Each non-employee director received 5,000 restricted stock units under the Registrant's Non-Employee Directors Equity Incentive Plan. The restricted stock units will vest in two equal annual installments commencing on March 14, 2007.
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 20, 2006 Mediacom Communications Corporation By: /s/ Mark E. Stephan -------------------------------------- Mark E. Stephan Executive Vice President and Chief Financial Officer