------------------------------
OMB APPROVAL
------------------------------
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response.........0.5
------------------------------
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
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
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print or Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
Nathanson Marc B.
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
c/o Mapleton Investments, LLC
10900 Wilshire Boulevard
- --------------------------------------------------------------------------------
(Street)
Los Angeles, California 90024
- --------------------------------------------------------------------------------
(City) (State) (Zip)
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Charter Communications, Inc. / CHTR
________________________________________________________________________________
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
________________________________________________________________________________
4. Statement for Month/Day/Year
2/25/2003
________________________________________________________________________________
5. If Amendment, Date of Original (Month/Day/Year)
________________________________________________________________________________
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|X| Director |_| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
____________________________________________________________________
________________________________________________________________________________
7. 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
================================================================================
5.
Amount of 6.
4. Securities Owner-
Securities Acquired (A) or Beneficially ship
2A. 3. Disposed of (D) Owned Form: 7.
2. Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of
Trans- Execution Code ------------------------------- Reported (D) or Indirect
1. action Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Date any ------------ or (Instr. 3 & (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4)
- ------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 2/25/03 X 91,500 D $29.9375(5) 1,818,031 I Footnote 1
- ------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 4,393,336 I Footnote 2
- ------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 2/25/03 X 760,000 D $29.9375(5) 1,499,628 I Footnote 3
- ------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 91,090 I Footnote 4
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
================================================================================
9.
Number 10.
of Owner-
deriv- ship
ative Form
2. Secur- of
Conver- 5. 7. ities Deriv- 11.
sion Number of Title and Amount Bene- ative Nature
or Derivative 6. of Underlying 8. ficially Secur- of
Exer- 3A. 4. Securities Date Securities Price Owned ity: In-
cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct
Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ing (D) or Bene-
1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative Date any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity yy) yy) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
- ------------------------------------------------------------------------------------------------------------------------------------
Put Option $29.9375(5) 2/25/03 X 91,500 FN6 FN6 Class A 91,500 1,818,031 I Footnote 1
(Right to Common
Sell) Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Put Option 4,023,336 I Footnote 2
(Right to
Sell)
- ------------------------------------------------------------------------------------------------------------------------------------
Put Option $29.9375(5) 2/25/03 X 760,000 FN6 FN6 Class A 760,000 1,499,628 I Footnote 3
(Right to Common
Sell) Stock
- ------------------------------------------------------------------------------------------------------------------------------------
Put Option 91,090 I Footnote 4
(Right to
Sell)
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Explanation of Responses:
1. By Blackhawk Holding Company, Inc. The reporting person disclaims
beneficial ownership, except to the extent of his pecuniary interest
therein.
2. By the Falcon Cable Trust. The reporting person disclaims beneficial
ownership, except to the extent of his pecuniary interest therein.
3. By Falcon Holding Group, Inc. The reporting person disclaims beneficial
ownership except to the extent of his pecuniary interest therein.
4. By the Nathanson Family Trust. The reporting person disclaims beneficial
ownership except the extent of his pecuniary interest therein.
5. The exercise price includes interest thereon at a rate of 4.5% per year
compounded annually.
6. The put options are exercisable from November 12, 2001 through the
expiration date. Generally, the expiration date under the Put Agreement is
the earlier of November 12, 2003 or the date of certain business
combinations affecting the issuer's securities.
/s/ Michael K. Menerey 2/25/2003
- --------------------------------------------- -----------------------
**Signature of Reporting Person Date
Michael K. Menerey as Attorney in Fact for
Marc B. Nathanson pursuant to a Power of
Attorney filed with a previous Form 4 filing.
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).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Page 2
