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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
Cablevision Systems Corporation
(Name of Issuer)
Class A Common Stock, par value $.01 per share
(Title of Class of Securities)
12686C-10-9
(CUSIP Number)
Check the following box if a fee is being paid with this statement. [ ](A fee is
not required only if the filing person:(1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such
class.)(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of the section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 8 Pages
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CUSIP No. 12686C-10-9 13G
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1. Names of Reporting Persons John MacPherson, individually and
S.S. or I.R.S. Identifica- as Trustee for the Trusts listed
tion Nos. of Above Persons on Exhibit A
###-##-####
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2. Check the Appropriate Box (a)
if a Member of a Group
(b)
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3. S.E.C. Use Only
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4. Citizenship or Place of U.S.A.
Organization
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Number of Shares (5) Sole Voting Power
Beneficially 1,896,074
Owned by Each Reporting ----------------------------------------------
Person With (6) Shared Voting Power
Power 0
----------------------------------------------
(7) Sole Dispositive Power
1,896,074
----------------------------------------------
(8) Shared Dispositive
Power 0
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9. Aggregate Amount Beneficially
Owned by Each Reporting Person 1,896,074
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10. Check if the Aggregate Amount
in Row (9) Excludes Certain
Shares
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11. Percent of Class Represented
by Amount in Row 9 11.8%
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12. Type of Reporting Person
00
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Page 2 of 8 Pages
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CUSIP No. 12686C-10-9 13G
CONTINUATION PAGES OF AMENDMENT NO. 2 TO SCHEDULE 13G
FILED BY
JOHN MACPHERSON, AS TRUSTEE
In accordance with Rule 101(a)(2)(ii) of Securities and Exchange
Commission Regulation S-T, this Amendment No. 2 to Schedule 13G, dated August
30, 1991, as amended by Amendment No. 1 thereto, dated February 12, 1992 (as so
amended, the "Schedule 13G"), previously filed by John MacPherson, restates
the Schedule 13G.
Item 1(a) Name of Issuer:
Cablevision Systems Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
One Media Crossways
Woodbury, New York 11797
Item 2(a) Name of Person Filing:
John MacPherson, individually and as Trustee for the Trusts
listed on Exhibit A.
Item 2(b) Address of Principal Business Office:
c/o Sportschannel N.Y.
200 Crossways Drive
Woodbury, New York 11797
Item 2(c) Citizenship:
U.S.A.
Item 2(d) Title of Class of Securities:
Class A Common Stock
Item 2(e) CUSIP Number:
12686C-10-9
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) ( ) Broker or Dealer registered under Section 15 of the
Act
(b) ( ) Bank as defined in Section 3(a)(6) of the Act
(c) ( ) Insurance Company as defined in Section 3(a)(19) of
the Act
Page 3 of 8 Pages
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CUSIP No. 12686C-10-9 13G
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act
(e) ( ) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) ( ) Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F)
(g) ( ) Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G)
(h) ( ) Group, in accordance with
Section 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership
If the percent of the class owned, as of December 31 of the
year covered by the statement, or as of the last day of any
month described in Rule 13d-1(b)(2), if applicable, exceeds
five percent, provide the following information as of that date
and identify those shares which there is a right to acquire.
(a) Amount Beneficially Owned
1,896,074 (as of December 31, 1995)
(b) Percent of Class:
11.8% (as of December 31, 1995)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 1,896,074
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
1,896,074
(iv) shared power to dispose or to direct the disposition
of: 0
Page 4 of 8 Pages
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CUSIP No. 12686C-10-9 13G
Item 5. Ownership of Five Percent or Less of a Class
If the statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following
[ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
See Exhibit A.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
Not applicable because the statement is filed pursuant to
Rule 13d-1(c).
Page 5 of 8 Pages
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CUSIP No. 12686C-10-9 13G
SIGNATURE.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this Statement is true,
complete and correct.
Date: February 9, 1996
Signature: /s/ John MacPherson
--------------------------------------
Name/Title: John MacPherson, individually and as
Trustee of each of the following Trusts:
CFD Trust No. 1
CFD Trust No. 2
CFD Trust No. 3
CFD Trust No. 4
CFD Trust No. 5
CFD Trust No. 6
CFD Trust No. 10
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CUSIP No. 12686C-10-9 13G
Exhibit A
John MacPherson ("Mr. MacPherson" or the "Trustee") is
currently the trustee of each trust listed in the table below (the "Trusts"),
which, as of December 31, 1995, owned 1,893,074 shares of Class B Common Stock,
par value $.01 per share (the "Class B Common Stock"), of Cablevsion Systems
Corporation, a Delaware corporation (the "Issuer"), in the aggregate. Class B
Common Stock is convertible at the option of the holder share for share into
Class A Common Stock, par value $.01 per share (the "Class A Common Stock"),
of the Issuer. Mr. MacPherson does not have an economic interest in such
shares, but, as a trustee of the Trusts, does have the power to vote and
dispose of such shares. Under certain rules of the Securities and Exchange
Commission, so long as Mr. MacPherson retains such powers, he is deemed to have
beneficial ownership thereof for purposes of Schedule 13G reporting. In
addition, as of December 31, 1995, Mr. MacPherson and his wife, Dorothy
MacPherson, owned directly 3,000 shares of Class A Common Stock.
The following table lists each Trust's name and its current
beneficiary.
Name of Trust Current Beneficiary
------------- -------------------
CFD Trust No. 1 Kathleen Dolan
CFD Trust No. 2 Deborah Dolan
CFD Trust No. 3 Marianne Dolan
CFD Trust No. 4 Patrick Dolan
CFD Trust No. 5 Thomas Dolan
CFD Trust No. 6 James Dolan
CFD Trust No. 10 Marie Atwood
CFD Trust No. 1 - CFD Trust No. 6
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For each of the CFD Trust No. 1, CFD Trust No. 2, CFD Trust No.
3, CFD Trust No. 4, CFD Trust No. 5 and CFD Trust No. 6, (collectively the "CFD
Trusts 1-6"), distributions of income and principal can be made in the Trustee's
discretion to the person shown as the current beneficiary of each CFD Trust 1-6
in the above table (the "Current Beneficiary"). The Current Beneficiary has a
power during his or her life to appoint all or part of the relevant CFD Trust
1-6 to or for the benefit of one or more of the Current Beneficiary's
descendants. Upon the death of the Current Beneficiary, the relevant CFD Trust
1-6, if not previously terminated, will pass as
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CUSIP No. 12686C-10-9 13G
appointed by the Current Beneficiary to or for the benefit of one or more of the
Current Beneficiary's descendants. Any unappointed portion of such Trust will
pass, in further trust, per stirpes to the Current Beneficiary's then living
descendants, or if none, per stirpes to the then-living descendants of Charles
F. Dolan, or if none, among the heirs-at-law of Charles F. Dolan.
CFD Trust No. 10
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For the CFD Trust No. 10, distributions of income and principal
can be made in the Trustee's discretion to Marie Atwood ("Atwood"). Atwood has a
power during her life to appoint all or part of the CFD Trust No. 10 to or for
the benefit of one or more of her descendants. Upon the death of Atwood, the CFD
Trust No. 10, if not previously terminated, will pass as appointed by Atwood to
or for the benefit of one or more of her descendants. Any unappointed portion of
the CFD Trust No. 10 will pass, in further trust, per stirpes to Atwood's
then-living descendants, or if none, among Atwood's heirs-at-law. The spouse of
Atwood, if he survives Atwood, has a power during his life and upon his death to
appoint all or part of any such continuing trusts to or for the benefit of one
or more of Atwood's descendants.
Beneficial Ownership of the Beneficiaries
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No individual beneficiary of any Trust can be said to have a
present beneficial interest in any Trust of greater than five percent of the
Class A Common Stock because the Trustee has the sole discretion to distribute
or accumulate the income from a Trust and the sole discretion to distribute the
principal of a Trust to the Current Beneficiary or Atwood.
Page 8 of 8 Pages
