FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DOLAN JAMES LAWRENCE 		2. Issuer Name and Ticker or Trading Symbol

CABLEVISION SYSTEMS CORP /NY [ CVC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      __ X __ Other (specify below)
CEO / Member of 13D Group
(Last)          (First)          (Middle)

C/O SCOTT METSCH, KNICKERBOCKER GROUP LLC, PO BOX 420 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/4/2015
(Street)

OYSTER BAY, NY 11771
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Cablevision NY Group Class A Common Stock   6/4/2015     M    120000   A $9.44   1105611   (1) D   (2)  
Cablevision NY Group Class A Common Stock   6/4/2015     M    60000   A $9.44   1165611   (1) D   (2)  
Cablevision NY Group Class A Common Stock   6/4/2015     S    180000   D $23.82   (3) 985611   (1) D   (2)  
Cablevision NY Group Class A Common Stock                  240663   I   (4) By spouse  
Cablevision NY Group Class A Common Stock                  7700   I   (5) (6) By minor children  
Cablevision NY Group Class A Common Stock                  13800   I   (6) (7) By members of the household  
Cablevision NY Group Class A Common Stock                  1874.258   I   (4) By spouse's 401(k)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right to Buy)   $9.44   (8) 6/4/2015     M         120000   (9)   11/8/2006   (10) 11/8/2015   Cablevision NY Group Class A Common Stock   120000   $0.00   0   D    
Options (Right to Buy)   $9.44   (8) 6/4/2015     M         60000   (9)   11/8/2008   11/8/2015   Cablevision NY Group Class A Common Stock   60000   $0.00   0   D    

Explanation of Responses:
( 1)  Includes shares held jointly with Kristin A. Dolan.
( 2)  Shares held directly by James L. Dolan, Ms. Dolan's spouse, and indirectly held by Kristin A. Dolan or held jointly with Kristin A. Dolan. Kristin A. Dolan disclaims beneficial ownership of these securities (other than shares held jointly with James L. Dolan) and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
( 3)  This transaction was executed in multiple trades at prices ranging from $23.650 to $24.048 per share, inclusive. The price reported above reflects the weighted average sale price. Mr. Dolan hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
( 4)  Shares held directly by Kristin A. Dolan (or indirectly by Kristin A. Dolan through a 401(k) plan), Mr. Dolan's spouse, and indirectly held by James L. Dolan. James L. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that he is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities. Excludes shares held jointly with James L. Dolan, which are reflected on James L. Dolan's direct holdings.
( 5)  Shares of Class A Common Stock held by James L. Dolan, as custodian for the Reporting Persons' minor children.
( 6)  Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that either is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
( 7)  Shares held by members of the Reporting Persons' household.
( 8)  Each stock option was previously reported at an exercise price of $25.51, but has been adjusted to reflect dividends.
( 9)  Exercise of options under the Company's Employee Stock Plan, exempt under Rule 16b-3.
( 10)  Grant vested in increments over three years on November 8, 2006, November 8, 2007 and November 8, 2008.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
DOLAN JAMES LAWRENCE
C/O SCOTT METSCH
KNICKERBOCKER GROUP LLC, PO BOX 420
OYSTER BAY, NY 11771 		X
CEO Member of 13D Group
Dolan Kristin A
C/O SCOTT METSCH
KNICKERBOCKER GROUP LLC, PO BOX 420
OYSTER BAY, NY 11771 		X
COO Trustee of Member of 13D Group

Signatures
/s/ James L. Dolan 6/8/2015
** Signature of Reporting Person Date

/s/ Kristin A. Dolan 6/8/2015
** Signature of Reporting Person Date


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.
Persons who 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.
Cablevision System (NYSE:CVC)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Cablevision System Charts.
Cablevision System (NYSE:CVC)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Cablevision System Charts.