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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
(1) Names of Reporting Persons
S.S. or I.R.S. Identifica-
tion Nos. of Above Persons Lawrence Dolan
SS: ###-##-####
- --------------------------------------------------------------------------------
(2) Check the Appropriate Box (a)
if a Member of a Group ------------------------
(b)
- --------------------------------------------------------------------------------
(3) SEC Use Only
- --------------------------------------------------------------------------------
(4) Source of Funds N/A*
- --------------------------------------------------------------------------------
(5) Check if Disclosure of Legal
Proceedings is Required Pursuant
to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
(6) Citizenship or Place of
Organization U.S.A.
- --------------------------------------------------------------------------------
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
---------------------------------------------
(10) Shared Dispositive Power 0
- --------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially
Owned by Each Reporting Person 0
- --------------------------------------------------------------------------------
(12) Check if the Aggregate Amount
in Row (11) Excludes Certain Shares
- --------------------------------------------------------------------------------
(13) Percent of Class Represented
by Amount in Row 11 0%
- --------------------------------------------------------------------------------
(14) Type of Reporting Person IN
- ---------------
* See Exhibit A.
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CUSIP No. 12686C-10-9 13D
CONTINUATION PAGES OF AMENDMENT NO. 1 TO SCHEDULE 13D
FILED BY
LAWRENCE DOLAN, AS TRUSTEE
This Amendment No. 1 to the Schedule 13D, dated January 6,
1995 (the "Schedule 13D"), previously filed by Lawrence Dolan ("Lawrence Dolan")
is being filed in connection with changes in his beneficial ownership of the
stock of Cablevision Systems Corporation, a Delaware corporation (the "Issuer"),
resulting from the distribution of all of the shares of Class B Common Stock,
par value $.01 per share, of the Issuer (the "Class B Common Stock") from trusts
of which Lawrence Dolan is a co-trustee.
In addition, in accordance with Rule 101(a)(2)(ii) of
Securities and Exchange Commission Regulation S-T, this Amendment No. 1 restates
the Schedule 13D.
Item 1. SECURITY AND ISSUER.
The title of the class of equity securities to which this
statement relates is the Class A Common Stock of the Issuer. The address of the
principal executive offices of the Issuer is One Media Crossways, Woodbury, New
York 11797.
Item 2. IDENTITY AND BACKGROUND.
(a) The name of the person filing this statement is Lawrence
Dolan, who is filing as co-trustee for the Trusts listed on Exhibit A.
(b) The residence of Lawrence Dolan is 16 Windward Way,
Chagrin Falls, Ohio 44023.
(c) The present principal occupation of Lawrence Dolan is as
attorney at Thrasher, Dinsmore & Dolan. The address is Corporate Place, 100
7th Avenue, Suite 150, Chardon, Ohio 44024-1079.
(d) Lawrence Dolan has not, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) Lawrence Dolan has not, during the last five years, been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or
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CUSIP No. 12686C-10-9 13D
state securities laws or finding any violation with respect to such laws.
(f) Lawrence Dolan is a U.S. citizen.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The shares held by Lawrence Dolan were not acquired by
purchase. See Exhibit A.
Item 4. PURPOSE OF TRANSACTION.
The Charles F. Dolan 1994 Grantor Retained Annuity Trust and
the Charles F. Dolan 1996 Grantor Retained Annuity Trust (collectively, the
"Trusts") were established by Charles F. Dolan ("Charles Dolan") for estate
planning purposes. See Exhibit A. Lawrence Dolan has no plans or proposals which
relate or would result in:
(a) the acquisition by any person of additional securities of
the Issuer or the disposition of additional securities of the Issuer;
(b) an extraordinary corporate transaction such as a merger,
reorganization or liquidation of the Issuer, involving the Issuer or any of its
subsidiaries;
(c) the sale or transfer of a material amount of assets of the
Issuer or any of its subsidiaries;
(d) any change in the present board of directors or management
of the Issuer;
(e) any material change in the Issuer's present capitalization
or dividend policy;
(f) any other material change in the Issuer's business or
corporate structure;
(g) changes in the Issuer's charter, bylaws or instruments
corresponding thereto or other actions which may impede the acquisition of
control of the Issuer by any person;
(h) causing a class of securities of the Issuer to be delisted
from a national securities exchange or to cease to be authorized to be quoted in
an inter-dealer quotation system of a registered national securities
association;
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CUSIP No. 12686C-10-9 13D
(i) a class of securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Act; or
(j) any action similar to any of those enumerated above. See
Exhibit A.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Lawrence Dolan no longer beneficially owns any shares of
any class of securities of the Issuer.
(b) Lawrence Dolan 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 Trusts (as defined in
Exhibit A), in accordance with their terms, made distributions to Charles
Dolan of an aggregate of 4,000,000 shares of Class B Common Stock.
See Exhibit A.
(d) See Exhibit A.
(e) Not applicable.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
See Exhibit A.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
Not applicable.
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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
Signature: /s/ Lawrence Dolan
By William A. Frewin, Jr.
-------------------------------
Name/Title: Lawrence Dolan, as a Trustee of
each of the following Trusts:
Charles F. Dolan 1994 Grantor
Retained Annuity Trust and the
Charles F. Dolan 1996 Grantor
Retained Annuity Trust
By William A. Frewin, Jr.,
attorney-in-fact
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CUSIP No. 12686C-10-9 13D
Exhibit A
Lawrence Dolan was one of two co-trustees (a "Trustee") of
each of (i) the Charles F. Dolan 1994 Grantor Retained Annuity Trust (the "1994
Trust") and (ii) the Charles F. Dolan 1996 Grantor Retained Annuity Trust (the
"1996 Trust," and together, the "Trusts"), established for estate planning
purposes by Charles F. Dolan ("Charles Dolan"). The other Trustee of the Trusts
was Helen A. Dolan ("Helen Dolan"). On December 31, 1996, (i) the 1994 Trust, in
accordance with its terms, distributed 1,852,378 shares of Class B Common Stock,
par value $.01 per share (the "Class B Common Stock") of Cablevision Systems
Corporation, a Delaware corporation (the "Issuer") to Charles Dolan and (ii) the
1996 Trust, in accordance with its terms, distributed 2,147,622 shares of Class
B Common Stock of the Issuer to Charles Dolan. The Class B Common Stock of the
Issuer is convertible at the option of the holder share for share into Class A
Common Stock, par value $.01, of the Issuer. After effecting these
distributions, the Trusts no longer own any shares of any class of securities of
the Issuer.
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