INSIGHT COMMUNICATIONS CO INC
4, 1999-12-10
CABLE & OTHER PAY TELEVISION SERVICES
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                    FORM 4

                 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(f) of the Investment Company Act of 1940

/ / 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*

   Kelly     Kim       D.
   (Last)  (First)  (Middle)

   c/o Insight Communications Company, Inc.
       126 East 56th Street
   (Street)

   New York   NY     10022
   (City)  (State)  (Zip)

2. Issuer Name and Ticker or Trading Symbol

   Insight Communications Company, Inc. (ICCI)


3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)



4. Statement for Month/Year
   November, 1999


5. If Amendment, Date of Original (Month/Year)



6. Relationship of Reporting Person(s) to Issuer (Check all applicable)

   /X/ Director                            / / 10% Owner
   /X/ Officer (give title below)          / / Other (specify below)

       Executive Vice President
       Chief Operating and Financial Officer


7. Individual or Joint/Group Reporting (Check Applicable Line)

   /X/ Form filed by One Reporting Person
   / / Form filed by More than One Reporting Person

* If the form is filed by more than one reporting person, see instruction
  4(b)(v).

<PAGE>
<TABLE>
<CAPTION>
                         Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

                                                                                         5. Amount
                                                                                            of Secu-
                                                                                            rities
                                                          4. Securities Acquired (A)        Bene-     6. Ownership
                               2. Trans-   3. Trans-         or Disposed of (D)             ficially     Form:
                                  action      action         (Instr. 3, 4 and 5)            Owned        Direct      7. Nature of
                                  Date        Code        -----------------------------     at End       (D) or         Indirect
                                  (Month/     (Instr. 8)                (A)                 of Month     Indirect       Beneficial
1. Title of Security              Day/     -------------     Amount     or     Price        (Instr.      (I)            Ownership
   (Instr. 3)                     Year)     Code     V                  (D)                 3 and 4)     (Instr. 4)     (Instr. 4)
- -----------------------------  ----------  ------  -----  ------------  ---  ----------  -----------  -------------  ---------------
<S>                            <C>         <C>     <C>    <C>           <C>  <C>         <C>          <C>            <C>


</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                            Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                      (e.g., puts, calls, warrants, options, convertible securities)

                                          2. Conver-                              5. Number of Deriv-         6. Date Exercisable
                                             sion or   3. Trans-                     ative Securities            and Expiration Date
                                             Exercise     action   4. Transac-       Acquired (A) or             (Month/Day/Year)
                                             Price of     Date        tion Code      Disposed of (D)          ----------------------
                                             Deriv-       (Month/     (Instr. 8)     (Instr. 3, 4, and 5)     Date
1. Title of Derivative Security              ative        Day/     -------------  --------------------------  Exercis-    Expiration
   (Instr. 3)                                Security     Year)     Code     V        (A)           (D)       able        Date
- ----------------------------------------  -----------  ----------  ------  -----  ------------  ------------  ----------  ----------
<S>                                       <C>          <C>         <C>     <C>    <C>           <C>           <C>         <C>
Class B Common Stock                          (a)       11/11/99      D     V                   838,420 (b)     Immed.        (c)

Class B Common Stock                          (a)       11/11/99      A     V      838,420(b)                   Immed.        (c)

<CAPTION>
                                                                                      9. Number of   10. Ownership
                                                                                         Derivative      Form of
                                                                                         Securities      Derivative
                             7. Title and Amount of Underlying                           Benefi-         Security:
                                Securities (Instr. 3 and 4)                              cially          Direct      11. Nature of
                             ----------------------------------------  8. Price of       Owned at        (D) or          Indirect
                                                           Amount or      Derivative     End of          Indirect        Beneficial
1. Title of Derivative                  Title              Number of      Security       Month           (I)             Ownership
   Security (Instr. 3)                                      Shares        (Instr. 5)     (Instr. 4)      (Instr. 4)      (Instr. 4)
- ---------------------------  ---------------------------  -----------  -------------  -------------  --------------  ---------------
<S>                          <C>                          <C>          <C>            <C>            <C>             <C>
Class B Common Stock         Class A Common Stock           838,420        (d)              0              D

Class B Common Stock         Class A Common Stock           838,420        (d)           838,420           D
</TABLE>

Explanation of Responses:

(a)  Shares of Class B common stock convert at the option of the holder
     and automatically convert upon their transfer to any person other
     than a member of the Management Group into shares of Class A common
     stock, on a one-for-one basis, without payment of any conversion
     price.

(b)  The Reporting Person and certain other persons have agreed to cause the
     election of two directors of the Issuer designated by Vestar Capital
     Partners III so long as Vestar owns a certain percentage of Issuer's
     common stock.

(c)  There is no expiration date on the conversion of Class B common stock
     into Class A common stock.

(d)  Exchange of Rule 16b-3 shares for non-Rule 16b-3 shares.



/s/ Kim D. Kelly                                December 9, 1999
- ---------------------------------------    --------------------------
    **Signature of Reporting Person                   Date
      Kim D. Kelly

** 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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