------------------------------
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 of Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
Nathanson, Marc B.
--------------------------------------------------------------------------------
(Last) (First) (Middle)
c/o Mapleton Investments, LLC 10900 Wilshire Boulvard
--------------------------------------------------------------------------------
(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
11/25/02
________________________________________________________________________________
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 11/25/02 X 400,445 D $29.6065(7) 0 I Footnote 1
------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 11/25/02 X 266,387 D $29.6065(7) 0 I Footnote 2
------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 11/25/02 X 179,108 D $29.6065(7) 1,909,531 I Footnote 3
------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 4,393,336 I Footnote 4
------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 2,259,628 I Footnote 5
------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock 91,090 I Footnote 6
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Page 1 of 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 29.6065(7) 11/25/02 X 400,445 FN 8 FN 8 Class A 400,445 0 I Footnote 1
(Right to Common
Sell) Stock
------------------------------------------------------------------------------------------------------------------------------------
Put Option 29.6065(7) 11/25/02 X 266,387 FN 8 FN 8 Class A 266,387 0 I Footnote 2
(Right to Common
Sell) Stock
------------------------------------------------------------------------------------------------------------------------------------
Put Option 29.6065(7) 11/25/02 X 179,108 FN 8 FN 8 Class A 179,108 1,909,531 I Footnote 3
(Right to Common
Sell) Stock
------------------------------------------------------------------------------------------------------------------------------------
Put Option 4,023,336 I Footnote 4
(Right to
Sell)
------------------------------------------------------------------------------------------------------------------------------------
Put Option 2,259,628 I Footnote 5
(Right to
Sell)
------------------------------------------------------------------------------------------------------------------------------------
Put Option 91,090 I Footnote 6
(Right to
Sell)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Explanation of Responses:
1.By Advance Company, Ltd. The reporting person disclaims beneficial ownership,
except to the extent of his pecuniary interest therein.
2.By Advance TV of California. The reporting person disclaims beneficial
ownership, except to the extent of his pecuniary interest therein.
3.By Blackhawk Holding Company, Inc. The reporting person disclaims beneficial
ownership, except to the extent of his pecuniary interest therein.
4.By the Falcon Cable Trust. The reporting person disclaims beneficial
ownership, except to the extent of his pecuniary interest therein.
5.By Falcon Holding Group, Inc. The reporting person disclaims beneficial
ownership, except to the extent of his pecuniary interest therein.
6.By the Nathanson Family Trust. The reporting person disclaims beneficial
ownership, except to the extent of his pecuniary interest therein.
7.The exercise price includes interest thereon at a rate of 4.5% per year
compounded annually.
8.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 11/25/02
--------------------------------------------- -----------------------
**Signature of Reporting Person Date
Michael K. Menerey as Attorney In Fact for
Marc B. Nathanson pursuant to a Power of
Attorney filed with this 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 of 4
LIMITED POWER OF ATTORNEY FOR EXECUTION OF
SECURITIES AND EXCHANGE COMMISSION DOCUMENTS
MARC B. NATHANSON, Principal, to MICHAEL K. MENEREY, Agent:
TO PERSON EXECUTING THIS DOCUMENT:
THIS IS AN IMPORTANT LEGAL DOCUMENT. IT CREATES A LIMITED POWER OF ATTORNEY.
BEFORE EXECUTING THIS DOCUMENT, YOU SHOULD KNOW THESE IMPORTANT FACTS.
1. THIS DOCUMENT MAY PROVIDE THE PERSON YOU DESIGNATE AS YOUR ATTORNEY-IN-FACT
WITH BROAD POWERS TO EXECUTE ON YOUR BEHALF ANY AND ALL DOCUMENTS YOU ARE
REQUIRED TO SIGN IN YOUR INDIVIDUAL CAPACITY AND DELIVER TO THE SECURITIES AND
EXCHANGE COMMISSION ("SEC").
2. THESE POWERS WILL EXIST FOR AN INDEFINITE PERIOD OF TIME UNLESS YOU LIMIT
THEIR DURATION IN THIS DOCUMENT.
3. THIS POWER OF ATTORNEY WILL CONTINUE TO BE EFFECTIVE EVEN THOUGH THE
PRINCIPAL BECOMES INCAPACITATED.
4. YOU HAVE THE RIGHT TO REVOKE OR TERMINATE THIS LIMITED POWER OF ATTORNEY AT
ANY TIME.
TO WHOM IT MAY CONCERN:
1. MARC B. NATHANSON (the "Principal"), presently a resident of Los Angeles
County, California, appoints MICHAEL K. MENEREY (the "Agent"), presently a
resident of Los Angeles County, California, as the true and lawful attorney-
in-fact for the Principal and in the Principal's name, place, and stead, to
take whatever actions the Agent considers proper in connection with the
completion, execution, and delivery to the SEC of documents the Principal is
required to sign in his individual capacity and file with or deliver to the
SEC.
2. Without limiting the generality of the foregoing, generally to do, execute,
and perform any other act, deed, matter, or thing, that in the Agent's
opinion ought to be done, executed, or performed in conjunction with this
power of attorney, of every kind and nature, including the power to bring
suit against any person or entity that fails or refuses to honor this durable
power of attorney, as fully and effectively as the Principal could do if
personally present.
3. The Agent's signature under the authority granted in the power of attorney
may be accepted by any third party or organization with the same force and
effect as if the Principal were personally present and acting on the
Principal's behalf. No person of organization that relies on the Agent's
authority shall incur any liability to the Principal, the Principal's estate,
heirs, successors, or assigns, because of reliance on this instrument. The
Principal's estate, heirs, successors, and assigns shall be bound by the
Agent's acts under this power of attorney.
4. This Power of Attorney shall not be affected by the subsequent incapacity of
the Principal.
5. The Principal does hereby ratify and confirm that all that the Agent shall
do, or cause to be done by virtue of this power of attorney.
Page 3 of 4
6. The Agent is authorized to make photocopies of this power of attorney and any
attached documents as frequently and in such quantity as the Agent deems
appropriate. Each photocopy shall have the same force and effect as the
original.
IN WITNESS WHEREOF, the Principal has signed this Limited Power of Attorney
for execution of Securities And Exchange Commission documents on September 6,
2002.
/s/Marc B. Nathanson
----------------------------
Marc B. Nathanson, Principal
State of California )
) SS.
County of Los Angeles )
On September 6, 2002, before me, Laura L. Dainko, a notary public,
personally appeared MARC B. NATHANSON, personally known to me to be the person
whose name is subscribed to the within instrument, and acknowledged to me that
he executed the same in his authorized capacity, and that by his signature on
the instrument, the person or the entity upon behalf of which the person acted,
executed the instrument.
WITNESS my hand and official seal.
/s/ Laura L. Dainko
Signature__________________________________
Page 4 of 4