SEC 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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Next Alt S.a.r.l. (Last) (First) (Middle) 1, RUE HILDEGARD VON BINGEN (Street) GRAND DUCHY OF LUXEMBOURG N4 L-1282 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Altice USA, Inc. [ ATUS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 02/03/2023
	4. If Amendment, Date of Original Filed (Month/Day/Year)	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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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
Class A common stock	02/03/2023		D(2)		97,812	D	(2)	33,322,332(2)	D(1)
Class A common stock								6,343,893	I	Uppernext S.C.S.p(1)

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. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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
Stock Option (right to buy) Class A common stock	$17.5							(3)	12/19/2028	Class A common stock	708,822		708,822	I	Uppernext S.C.S.p(1)
Stock Option (right to buy) Class A common stock	$28.36							(4)	01/29/2030	Class A common stock	2,160,000		2,160,000	I	Uppernext S.C.S.p(1)
Performance Stock Units	(5)							(6)	(7)	Class A common stock	186,970		186,970	I	Uppernext S.C.S.p(1)
Performance Stock Units	(5)							(8)	(7)	Class A common stock	455,616		455,616	I	Uppernext S.C.S.p(1)

1. Name and Address of Reporting Person* Next Alt S.a.r.l. (Last) (First) (Middle) 1, RUE HILDEGARD VON BINGEN (Street) GRAND DUCHY OF LUXEMBOURG N4 L-1282 (City) (State) (Zip)

1. Name and Address of Reporting Person* Drahi Patrick (Last) (First) (Middle) 1, RUE HILDEGARD VON BINGEN (Street) GRAND DUCHY OF LUXEMBOURG N4 L-1282 (City) (State) (Zip)

Explanation of Responses:

1. Next Alt S.a r.l. ("Next Alt") is an indirect wholly-owned and controlled personal holding company of Patrick Drahi. Uppernext S.C.S.p ("Uppernext") is a wholly-owned and controlled personal holding company of Patrick Drahi. Mr. Drahi may be deemed to beneficially own shares of the Issuer held by Next Alt and Uppernext. Mr. Drahi is a director of the Issuer. Next Alt is a party to a stockholders agreement with the Issuer pursuant to which Next Alt has certain rights to appoint directors of the Issuer. Each Reporting Person disclaims beneficial ownership of all interests reported on this Form 4 except to the extent of such Reporting Person's pecuniary interests.

2. On February 3, 2023, Next Alt transferred 97,812 shares of the Issuer's Class A common stock to the Issuer pursuant to a settlement agreement terminating litigation in Patel v. Drahi, et al., C.A. No. 2020-0499-PAF (Del. Ch.).

3. These stock options were granted under the Altice USA Long Term Incentive Plan and vested on December 19, 2021.

4. These stock options were granted under the Amended and Restated Altice USA 2017 Long Term Incentive Plan (the "Plan"). 50% vested on December 27, 2021, 25% vested on December 27, 2022 and 25% are scheduled to vest on December 27, 2023.

5. Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A common stock of the Issuer.

6. The PSUs were granted under the Plan and vest on the day following the date on which the 30-day volume weighted average market price of the Issuer's Class A common stock equals or exceeds $50 per share.

7. The PSUs will be forfeited if the applicable performance measure is not achieved prior to January 29, 2026 or if the Reporting Person does not continue to provide services to the Issuer through the achievement date of the applicable performance measure.

8. The PSUs were granted under the Plan and vest on the day following the date on which the 30-day volume weighted average market price of the Issuer's Class A common stock equals or exceeds $60 per share.

	Next Alt S.a r.l. By: /s/ Patrick Drahi and Laurent Godineau, managers	02/06/2023
	/s/ Patrick Drahi	02/06/2023
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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