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,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940

 
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(Print or Type Responses)
 1. Name and Address of Reporting Person*



  Roberts                           Brian                               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)

     x Director                   o 10% Owner
     x Officer                     o Other (specify below)
        (give title below)

                   President
   (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     1,356   D   (1)   0   I   By Wife  
Class A Common Stock   11/18/02     D     136,912   D   (1)   0   I   By LLC (2)  
Class B Common Stock   11/18/02     D     9,444,375   D   (1)   0   I   By LLC (2)  
Class A Special Common Stock   11/18/02     D     63,184   D   (1)   0   D    
Class A Special Common Stock   11/18/02     D     2,712   D   (1)   0   I   By Wife  
Class A Special Common Stock   11/18/02     D     41,132.488   D   (1)   0   I   By 401(k) Plan  
Class A Special Common Stock   11/18/02     D     9,581,287   D   (1)   0   I   By LLC (2)  
                     
                     
                     
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.

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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   $10.5834   11/18/02     D       305,632   (3)   7/10/2004   Class A Special Common Stock   305,632   (1)   0   D    
Option to Purchase Class A Special Common Stock   $9.5625   11/18/02     D       334,634   (4)   7/10/2004   Class A Special Common Stock   334,634   (1)   0   D    
Option to Purchase Class A Special Common Stock   $9.5625   11/18/02     D       97,805   Immediately   7/06/2003   Class A Special Common Stock   97,805   (1)   0   D    
Option to Purchase Class A Special Common Stock   $7.5000   11/18/02     D       600,000   (5)   7/13/2005   Class A Special Common Stock   600,000   (1)   0   D    
Option to Purchase Class A Special Common Stock   $9.1875   11/18/02     D       140,372   Immediately   2/05/2007   Class A Special Common Stock   140,372   (1)   0   D    
Option to Purchase Class A Special Common Stock   $14.9375   11/18/02     D       162,422   (6)   1/09/2008   Class A Special Common Stock   162,422   (1)   0   D    
Option to Purchase Class A Special Common Stock   $18.6313   11/18/02     D       576   Immediately   6/16/2003   Class A Special Common Stock   576   (1)   0   D    
Option to Purchase Class A Special Common Stock   $16.9375   11/18/02     D       1,499,712   (7)   6/16/2008   Class A Special Common Stock   1,499,712   (1)   0   D    
Option to Purchase Class A Special Common Stock   $16.9375   11/18/02     D       1,499,712   (8)   6/16/2008   Class A Special Common Stock   1,499,712   (1)   0   D    
Option to Purchase Class A Special Common Stock   $32.5875   11/18/02     D       3,094   (9)   1/05/2004   Class A Special Common Stock   3,094   (1)   0   D    
Option to Purchase Class A Special Common Stock   $29.6250   11/18/02     D       996,906   (10)   1/05/2009   Class A Special Common Stock   996,906   (1)   0   D    
Option to Purchase Class A Special Common Stock   $31.6875   11/18/02     D       1,000,000   (11)   4/05/2009   Class A Special Common Stock   1,000,000   (1)   0   D    
Option to Purchase Class A Special Common Stock   $32.8437   11/18/02     D       1,000,000   (12)   5/03/2009   Class A Special Common Stock   1,000,000   (1)   0   D    
Option to Purchase Class A Special Common Stock   $42.7625   11/18/02     D       2,338   4/04/2004   10/04/2004   Class A Special Common Stock   2,338   (1)   0   D    
Option to Purchase Class A Special Common Stock   $38.8750   11/18/02     D       997,662   (13)   10/04/2009   Class A Special Common Stock   997,662   (1)   0   D    
Option to Purchase Class A Special Common Stock   $49.7500   11/18/02     D       1,000,000   (14)   1/04/2010   Class A Special Common Stock   1,000,000   (1)   0   D    
Option to Purchase Class A Special Common Stock   $42.3500   11/18/02     D       474   (15)   3/30/2005   Class A Special Common Stock   474   (1)   0   D    
Option to Purchase Class A Special Common Stock   $38.5000   11/18/02     D       999,526   (16)   3/30/2010   Class A Special Common Stock   999,526   (1)   0   D    
Option to Purchase Class A Special Common Stock   $41.0625   11/18/02     D       997,565   (17)   7/05/2010   Class A Special Common Stock   997,565   (1)   0   D    
Option to Purchase Class A Special Common Stock   $45.1688   11/18/02     D       2,435   1/05/2005   7/05/2005   Class A Special Common Stock   2,435   (1)   0   D    
Option to Purchase Class A Special Common Stock   $41.4375   11/18/02     D       1,000,000   (18)   10/05/2010   Class A Special Common Stock   1,000,000   (1)   0   D    
Option to Purchase Class A Special Common Stock   $40.6670   11/18/02     D       2,704   1/03/2006   7/30/2006   Class A Special Common Stock   2,704   (1)   0   D    
Option to Purchase Class A Special Common Stock   $36.9700   11/18/02     D       747,296   (19)   7/30/2011   Class A Special Common Stock   747,296   (1)   0   D    
Option to Purchase Class A Special Common Stock   $35.4900   11/18/02     D       750,000   (20)   1/24/2012   Class A Special Common Stock   750,000   (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. See the Form 4 to be filed by the Reporting Person with respect to securities of Parent acquired by such Reporting Person as a result of the Merger.
  (2)   The Reporting Person disclaims beneficial ownership of securities owned by the LLC, except to the extent of his pecuniary interest therein.
  (3)   215,632 shares are immediately exercisable; 45,000 shares are exercisable on 1/10/2003; and 45,000 shares are exercisable on 7/10/2003.
  (4)   266,280 shares are immediately exercisable; 34,174 shares are exercisable on 1/10/2003; and 34,180 shares are exercisable on 7/10/2003.
  (5)   300,000 shares are immediately exercisable; 100,000 shares are exercisable on each of 1/13/2003, 1/13/2004 and 7/13/2004.
  (6)   127,422 shares are immediately exercisable and 35,000 shares are exercisable on 1/09/2003.
  (7)   1,199,712 shares are immediately exercisable and 300,000 shares are exercisable on 6/16/2003.
  (8)   599,712 shares are immediately exercisable; 750,000 shares are exercisable on 6/16/2007; and 150,000 shares are exercisable on 12/16/2007.
  (9)   26 shares are immediately exercisable and 3,068 shares are exercisable on 1/05/2003.
(10)   599,974 shares are immediately exercisable; 196,932 shares are exercisable on 1/05/2003; and 200,000 shares are exercisable on 1/05/2004.
(11)   600,000 shares are immediately exercisable and 200,000 shares are exercisable on each of 4/05/2003 and 4/05/2004.
(12)   600,000 shares are immediately exercisable and 200,000 shares are exercisable on each of 5/03/2003 and 5/03/2004.
(13)   600,000 shares are immediately exercisable; 200,000 shares are exercisable on 10/04/2003; and 197,662 shares are exercisable on 10/04/2004.
(14)   400,000 shares are immediately exercisable and 200,000 shares are exercisable on each of 1/04/2003, 1/04/2004 and 1/04/2005.
(15)   2 shares are immediately exercisable and 236 shares are exercisable on each of 3/30/2003 and 3/30/2004.
(16)   199,998 shares are immediately exercisable; 99,764 shares are exercisable on each of 3/30/2003 and 3/30/2004; and 100,000 shares are exercisable on each of 3/30/2005, 3/30/2006, 3/30/2007, 3/30/2008, 3/30/2009 and 9/30/2009.
(17)   200,000 shares are immediately exercisable; 100,000 shares are exercisable on each of 7/05/2003 and 7/05/2004; 97,565 shares are exercisable on 7/05/2005; and 100,000 shares are exercisable on each of 7/05/2006, 7/05/2007, 7/05/2008, 7/05/2009 and 1/05/2010.
(18)   400,000 shares are immediately exercisable and 200,000 shares are exercisable on each of 10/05/2003, 10/05/2004 and 10/05/2005.
(19)   226,000 shares are exercisable on 7/30/2003; 113,000 shares are exercisable on each of 7/30/2004 and 7/30/2005; 110,296 shares are exercisable on 7/30/2006; and 37,000 shares are exercisable on each of 7/30/2007, 7/30/2008, 7/30/2009, 7/30/2010 and 1/30/2011.
(20)   227,500 shares are exercisable on 1/24/2004; 113,750 shares are exercisable on each of 1/24/2005, 1/24/2006 and 1/24/2007; and 36,250 shares are exercisable on each of 1/24/2008, 1/24/2009, 1/24/2010, 1/24/2011 and 7/24/2011.

 

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 /s/ Brian L. Roberts   November 18, 2002 

 
** Signature of Reporting Person   Date
Brian L. Roberts     
     

 

**   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.

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