| 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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
OMB APPROVAL | |
| x | Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | OMB
Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response.......................0.5 |
|
| (Print or Type Responses) | |||
| 1. Name and Address of Reporting Person* Wang Stanley L. |
2. Issuer Name and Ticker or Trading Symbol Comcast Corporation: CMCSA and CMCSK |
6. Relationship of Reporting Person(s) to Issuer (Check all applicable) o Director o 10% Owner x Officer o Other (specify below) (give title below) Executive Vice President – Law and Administration and Secretary |
||||||||
| (Last) (First) (Middle) Comcast Corporation 1500 Market Street |
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) |
4. Statement for Month/Day/Year November 18, 2002 |
||||||||
| (Street) Philadelphia PA 19102 |
5. If Amendment, Date of Original (Month/Day/Year) |
7. Individual or Joint/Group Filing (Check Applicable Line) x Form filed by One Reporting Person o Form filed by More than One Reporting Person |
||||||||
| (City) (State) (Zip) | Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||
| 1. Title of Security (Instr. 3) |
2. Trans- action Date (Month/ Day/ Year) |
2A. Deemed Execution Date, if any (Month/ Day/ Year) |
3. Trans- action 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. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4) |
7. Nature of Indirect Beneficial Owner- ship (Instr. 4) |
|||
| Code | V | Amount | (A) or (D) |
Price | ||||||
| Class A Common Stock | 11/18/02 | D | 21,571 | D | (1) | 0 | D | |||
| Class A Special Common Stock | 11/18/02 | D | 108,567.903 | D | (1) | 0 | D | |||
| Class A Special Common Stock | 11/18/02 | D | 29.218 | D | (1) | 0 | I | By 401(k) Plan | ||
| 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). | |
| Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | ||
Page 1 of 3
FORM 4 (continued)
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. Conver- sion or Exercise Price of Deri- vative Security |
3. Trans- action Date (Month/ Day/ Year) |
3A. Deemed Execution Date, if any (Month/ Day/ Year) |
4. Trans- action Code (Instr. 8) |
5. Number of Deriv- ative 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 Underlying Securities (Instr. 3 and 4) |
8. Price of Deriv- ative Security (Instr. 5) |
9. Number of Deriv- ative Securities Bene- ficially Owned Following Reported Trans- action(s) (Instr. 4) |
10. Owner- ship Form of Deriv- ative Securities Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Benefi- cial Owner- ship (Instr. 4) |
||||
| Code | V | (A) | (D)(1) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares (1) |
||||||||
| Option to Purchase Class A Special Common Stock | $6.0417 | 11/18/02 | D | 22,158 | Immediately | 1/06/2003 | Class A Special Common Stock | 22,158 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $6.0417 | 11/18/02 | D | 7,842 | Immediately | 7/06/2003 | Class A Special Common Stock | 7,842 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $10.5834 | 11/18/02 | D | 14,986 | Immediately | 1/10/2004 | Class A Special Common Stock | 14,986 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $10.5834 | 11/18/02 | D | 15,470 | (2) | 1/10/2004 | Class A Special Common Stock | 15,470 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $10.5834 | 11/18/02 | D | 43,678 | Immediately | 7/10/2004 | Class A Special Common Stock | 43,678 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $10.5834 | 11/18/02 | D | 15,866 | (3) | 7/10/2004 | Class A Special Common Stock | 15,866 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $9.5625 | 11/18/02 | D | 12,956 | (4) | 7/10/2004 | Class A Special Common Stock | 12,956 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $9.5625 | 11/18/02 | D | 35,666 | Immediately | 7/10/2004 | Class A Special Common Stock | 35,666 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $9.5625 | 11/18/02 | D | 6,404 | Immediately | 7/06/2003 | Class A Special Common Stock | 6,404 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $7.5000 | 11/18/02 | D | 13,332 | 1/13/2004 | 1/13/2005 | Class A Special Common Stock | 13,332 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $7.5000 | 11/18/02 | D | 186,668 | (5) | 7/13/2005 | Class A Special Common Stock | 186,668 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $9.1875 | 11/18/02 | D | 52,500 | Immediately | 2/05/2007 | Class A Special Common Stock | 52,500 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $14.9375 | 11/18/02 | D | 52,500 | (6) | 1/09/2008 | Class A Special Common Stock | 52,500 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $16.9375 | 11/18/02 | D | 125,000 | (7) | 6/16/2008 | Class A Special Common Stock | 125,000 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $16.9375 | 11/18/02 | D | 17,712 | (8) | 6/16/2008 | Class A Special Common Stock | 17,712 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $16.9375 | 11/18/02 | D | 107,288 | (9) | 6/16/2008 | Class A Special Common Stock | 107,288 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $32.8437 | 11/18/02 | D | 28,750 | (10) | 5/03/2009 | Class A Special Common Stock | 28,750 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $32.8437 | 11/18/02 | D | 3,044 | (11) | 5/03/2009 | Class A Special Common Stock | 3,044 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $32.8437 | 11/18/02 | D | 18,206 | (12) | 5/03/2009 | Class A Special Common Stock | 18,206 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $37.5625 | 11/18/02 | D | 2,662 | 6/02/2009 | 6/02/2010 | Class A Special Common Stock | 2,662 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $37.5625 | 11/18/02 | D | 197,338 | (13) | 6/02/2010 | Class A Special Common Stock | 197,338 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $36.9700 | 11/18/02 | D | 5,408 | (14) | 7/30/2011 | Class A Special Common Stock | 5,408 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $36.9700 | 11/18/02 | D | 94,592 | (15) | 7/30/2011 | Class A Special Common Stock | 94,592 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $35.4900 | 11/18/02 | D | 100,000 | (16) | 1/24/2012 | Class A Special Common Stock | 100,000 | (1) | 0 | D | ||||
Explanation of Responses:
| (1) | Pursuant to the merger agreement among the Issuer, AT&T Comcast Corporation (to be named Comcast Corporation, "Parent") and others, the Issuer will become a wholly-owned subsidiary of Parent (the "Merger") and will cease to have registered securities. As a result of the Merger, the Reporting Person will receive securities of Parent in exchange for his Issuer securities. The Reporting Person will not be a Reporting Person with respect to Parent. |
| (2) | 6,022 shares are immediately exercisable; 9,000 shares are exercisable on 1/10/2003; and 448 shares are exercisable on 7/10/2003. |
| (3) | 7,314 shares are immediately exercisable and 8,552 shares are exercisable on 7/10/2003. |
| (4) | 5,972 shares are immediately exercisable and 6,984 shares are exercisable on 7/10/2003. |
| (5) | 140,000 shares are immediately exercisable; 20,000 shares are exercisable on 1/13/2003; 6,668 shares are exercisable on 1/13/2004; and 20,000 shares are exercisable on 7/13/2004. |
| (6) | 42,000 shares are immediately exercisable and 10,500 shares are exercisable on 1/9/2003. |
| (7) | 100,000 shares are immediately exercisable and 25,000 shares are exercisable on 6/16/2003. |
| (8) | 5,904 shares are exercisable on each of 6/16/2005, 6/16/2006 and 6/16/2007. |
| (9) | 50,000 shares are immediately exercisable; 12,500 shares are exercisable on each of 6/16/2003 and 6/16/2004; 19,788 shares are exercisable on 6/16/2007; and 12,500 shares are exercisable on 12/16/2007. |
| (10) | 17,250 shares are immediately exercisable; 5,750 shares are exercisable on each of 5/03/2003 and 5/03/2004. |
| (11) | 2,125 shares are exercisable on 5/03/2008 and 919 shares are exercisable on 11/03/2008. |
| (12) | 6,375 shares are immediately exercisable; 2,125 shares are exercisable on each of 5/03/2003, 5/03/2004, 5/03/2005, 5/03/2006 and 5/03/2007; and 1,206 shares are exercisable on 11/03/2008. |
| (13) | 40,000 shares are immediately exercisable; 20,000 shares are exercisable on each of 6/02/2003, 6/02/2004, 6/02/2005, 6/02/2006, 6/02/2007 and 6/02/2008; 17,338 shares are exercisable on 6/02/2009; and 20,000 shares are exercisable on 12/02/2009. |
| (14) | 2,704 shares are exercisable on each of 7/30/2010 and 1/30/2011. |
| (15) | 31,000 shares are exercisable on 7/30/2003; 15,500 shares are exercisable on each of 7/30/2004, 7/30/2005 and 7/30/2006; 4,500 shares are exercisable on each of 7/30/2007, 7/30/2008 and 7/30/2009; and 1,796 shares are exercisable on each of 7/30/2010 and 7/30/2011. |
| (16) | 32,500 shares are exercisable on 1/24/2004; 16,250 shares are exercisable on each of 1/24/2005, 1/24/2006 and 1/24/2007; and 3,750 shares are exercisable on each of 1/24/2008, 1/24/2009, 1/24/2010, 1/24/2011 and 7/24/2011. |
Page 2 of 3
| /s/ Stanley L. Wang | November 18, 2002 | |
| ** Signature of Reporting Person | Date | |
| Stanley L. Wang | ||
| ** | 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 3 of 3