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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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)
Bruce D. Haims, Esq. Debevoise & Plimpton,
875 Third Avenue,
New York, NY 10022 (212) 909-6000
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
December 31, 1996
(Date of Event which Requires Filing of this
Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(b)(3) or (4), check
the following box [ ].
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other
parties to whom copies are to be sent.
* 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 disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purposes of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
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CUSIP No. 12686C-10-9 13D
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(1) Names of Reporting Persons
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons Charles F. Dolan 1996
Grantor Retained Annuity Trust
EIN: 13-7078281
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(2) Check the Appropriate Box (a)
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if a Member of a Group (b)
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(3) SEC Use Only
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(4) Source of Funds N/A
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(5) Check if Disclosure of Legal
Proceedings is Required Pursuant
to Items 2(d) or 2(e)
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(6) Citizenship or Place of
Organization U.S.A.
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Number of Shares (7) Sole Voting Power 0
Beneficially Owned ---------------------------------------------
by Each Reporting (8) Shared Voting Power 0
Person With ---------------------------------------------
(9) Sole Dispositive Power 0
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(10) Shared Dispositive Power 0
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(11) Aggregate Amount Beneficially
Owned by Each Reporting Person 0
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(12) Check if the Aggregate Amount
in Row (11) Excludes Certain Shares
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(13) Percent of Class Represented
by Amount in Row 11 0%
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(14) Type of Reporting Person 00*
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* Reporting Person is a Trust.
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CUSIP No. 12686C-10-9 13D
CONTINUATION PAGES OF AMENDMENT NO. 1 TO SCHEDULE 13D
FILED BY THE CHARLES F. DOLAN
1996 GRANTOR RETAINED ANNUITY TRUST
This Amendment No. 1 to the Schedule 13D, dated February 15,
1996 (the "Schedule 13D"), previously filed by the Charles F. Dolan 1996 Grantor
Retained Annuity Trust (the "Trust"), is being filed in connection with changes
in the Trust's beneficial ownership of the stock of Cablevision Systems
Corporation, a Delaware corporation (the "Issuer"), resulting from the
distribution from the Trust of all of its shares of Class B Common Stock, par
value $.01 per share, of the Issuer (the "Class B Common Stock"). The cover page
is amended and Item 5 is hereby supplemented by adding the following information
after the last paragraph thereof. All other items remain unchanged from previous
filings of this Schedule 13D.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The Trust no longer owns any shares of any class of
securities of the Issuer.
(b) The Trust has no sole power, no shared voting power and no
dispositive power over any shares of any class of securities of the Issuer.
(c) On December 31, 1996, the Trust, in accordance with its
terms, made a distribution to Charles F. Dolan ("Mr. Dolan") of 2,147,622 shares
of Class B Common Stock.
(d) Not Applicable.
(e) December 31, 1996.
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CUSIP No. 12686C-10-9 13D
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 14, 1997
Charles F. Dolan 1996
Grantor Retained Annuity Trust
Signature: /s/ Helen A. Dolan, Trustee
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By William A. Frewin, Jr.
Name/Title: Helen A. Dolan, Trustee
By William A. Frewin, Jr.,
attorney-in-fact
Signature: /s/ Lawrence Dolan, Trustee
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By William A. Frewin, Jr.
Name/Title: Lawrence Dolan, Trustee
By William A. Frewin, Jr.,
attorney-in-fact
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CUSIP No. 12686C-10-9 13D
