| 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
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| (Print or Type Responses) | |||
| 1. Name and Address of Reporting Person* Salva Lawrence J. |
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) Senior Vice President and Chief Accounting Officer |
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| (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 |
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| (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 |
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| (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) |
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| Code | V | Amount | (A) or (D) |
Price | ||||||
| Class A Special Common Stock | 11/18/02 | D | 4,531.5632 | D | (1) | 0 | D | |||
| 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) |
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| Code | V | (A) | (D)(1) | Date Exercisable |
Expiration Date |
Title | Amount or Number of Shares (1) |
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| Option to Purchase Class A Special Common Stock | $53.1250 | 11/18/02 | D | 7,528 | (2) | 1/21/2010 | Class A Special Common Stock | 7,528 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $53.1250 | 11/18/02 | D | 212,472 | (3) | 1/21/2010 | Class A Special Common Stock | 212,472 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $34.3750 | 11/18/02 | D | 14,545 | (4) | 8/04/2010 | Class A Special Common Stock | 14,545 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $34.3750 | 11/18/02 | D | 135,455 | (5) | 8/04/2010 | Class A Special Common Stock | 135,455 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $42.8125 | 11/18/02 | D | 100,000 | (6) | 2/16/2011 | Class A Special Common Stock | 100,000 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $36.9700 | 11/18/02 | D | 2,704 | 1/30/2011 | 7/30/2011 | Class A Special Common Stock | 2,704 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $36.9700 | 11/18/02 | D | 72,296 | (7) | 7/30/2011 | Class A Special Common Stock | 72,296 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $35.4900 | 11/18/02 | D | 90,000 | (8) | 1/24/2012 | Class A Special Common Stock | 90,000 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $23.8400 | 11/18/02 | D | 96,250 | (9) | 10/28/2012 | Class A Special Common Stock | 96,250 | (1) | 0 | D | ||||
| Option to Purchase Class A Special Common Stock | $23.8400 | 11/18/02 | D | 3,750 | 4/28/2012 | 10/28/2012 | Class A Special Common Stock | 3,750 | (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) | 1,882 shares are immediately exercisable and 1,882 shares are exercisable on each of 1/21/2003, 1/21/2004 and 1/21/2005 |
| (3) | 86,118 shares are immediately exercisable and 42,118 shares are exercisable on each of 1/21/2003, 1/21/2004 and 1/21/2005. |
| (4) | 2,909 shares are exercisable on each of 8/04/2006, 8/04/2007, 8/04/2008, 8/04/2009 and 2/04/2010. |
| (5) | 30,000 shares are immediately exercisable; 15,000 shares are exercisable on each of 8/04/2003, 8/04/2004 and 8/04/2005; and 12,091 shares are exercisable on each of 8/04/2006, 8/04/2007, 8/04/2008, 8/04/2009 and 2/04/2010. |
| (6) | 40,000 shares are immediately exercisable and 20,000 shares are exercisable on each of 1/21/2003, 1/21/2004 and 1/21/2005. |
| (7) | 23,500 shares are exercisable on 7/30/2003; 11,750 shares are exercisable on each of 7/30/2004, 7/30/2005 and 7/30/2006; 3,250 shares are exercisable on each of 7/30/2007, 7/30/2008, 7/30/2009 and 7/30/2010; and 546 shares are exercisable on 7/30/2011. |
| (8) | 29,500 shares are exercisable on 1/24/2004; 14,750 shares are exercisable on each of 1/24/2005, 1/24/2006 and 1/24/2007; and 3,250 shares are exercisable on each of 1/24/2008, 1/24/2009, 1/24/2010, 1/24/2011 and 7/24/2011. |
| (9) | 32,500 shares are exercisable on 10/28/2004; 16,250 shares are exercisable on each of 10/28/2005, 10/28/2006 and 10/28/2007; and 3,750 shares are exercisable on each of 10/28/2008, 10/28/2009, 10/28/2010 and 10/28/2011. |
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| /s/ Lawrence J. Salva | November 18, 2002 | |
| ** Signature of Reporting Person | Date | |
| Lawrence J. Salva | ||
| ** | Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
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| 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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