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*



 Wechsler                         Irving                              A.
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
     o Officer                     o Other (specify below)
        (give title below)

        
   (Last)                            (First)                         (Middle)


 5000 5th Avenue
 Unit 202
3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (Voluntary)
4. Statement for
    Month/Day/Year

    November 18, 2002
                                       (Street)



 Pittsburgh                         PA                             15232
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     98,581   D   (1)   0   D    
Class A Special Common Stock   11/18/02     D     591,346   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)
  Code    V  (A) (D)(1) Date
Exercisable
Expiration
Date
      Title       Amount or
Number of
Shares (1)
Option to Purchase Class A Special Common Stock   $33.9922   11/18/02     D       10,800   Immediately   2/01/2004   Class A Special Common Stock   10,800   (1)   0   D    
Option to Purchase Class A Special Common Stock   $46.0000   11/18/02     D       5,400   Immediately   2/01/2005   Class A Special Common Stock   5,400   (1)   0   D    
Option to Purchase Class A Special Common Stock   $42.8125   11/18/02     D       5,400   Immediately   2/01/2006   Class A Special Common Stock   5,400   (1)   0   D    
Option to Purchase Class A Special Common Stock   $35.5300   11/18/02     D       5,400   Immediately   2/01/2007   Class A Special Common Stock   5,400   (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.

 

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 /s/ Irving A. Wechsler   November 18, 2002 

 
** Signature of Reporting Person   Date
Irving A. Wechsler     
     

 

**   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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