Filing Pursuant to Rule 424(b)(3)
Registration Statement No. 333-54394
PROSPECTUS SUPPLEMENT NO. 1 DATED FEBRUARY 16, 2001
TO PROSPECTUS DATED FEBRUARY 6, 2001
CHARTER COMMUNICATIONS, INC.
$750,000,000 of 5.75% Convertible Senior Notes due 2005 and
34,786,650 Shares of Class A Common Stock Issuable Upon Conversion
of the 5.75% Convertible Senior Notes due 2005
and
31,664,667 Issued or Issuable Shares of Class A Common Stock
This prospectus supplement relates to (1) $750,000,000 aggregate principal
amount of 5.75% Convertible Senior Notes due 2005 of Charter Communications,
Inc., and 34,786,650 shares of Class A common stock of Charter Communications,
Inc., which are initially issuable upon conversion of the notes, plus an
indeterminate number of shares as may become issuable upon conversion as a
result of adjustments to the conversion rate; and (2) 31,664,667 shares of Class
A common stock of Charter Communications, Inc. issued or issuable to certain
entities in connection with Charter Communications, Inc.'s purchase of certain
cable systems in 2000 plus an indeterminate number of shares as may become
issuable upon certain events. This prospectus supplement should be read in
conjunction with the prospectus dated February 6, 2001 which is to be delivered
with this prospectus supplement.
The information appearing in the table below, as of the date hereof,
supersedes the information in the table appearing under the heading "Selling
Securityholders" in the prospectus:
1
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
AAM/Zazove Institutional Income
Fund, L.P........................ $1,300,000 $1,300,000 0 60,297
AFTRA Health Fund................ 1,000,000 1,000,000 0 46,382
AIG/National Union Fire Insurance
Ltd.............................. 800,000 800,000 0 37,106
AIG Soundshore Strategic Holding
Fund Ltd. ....................... 3,000,000 3,000,000 0 139,147
AIM Strategic Income Fund........ 1,500,000 1,500,000 0 69,573
Alexandra Global Investment Fund
I Ltd. .......................... 3,000,000 3,000,000 0 139,147
Allstate Insurance Company....... 1,500,000 1,500,000 0 69,573
Allstate Life Insurance Company.. 375,000 375,000 0 17,393
Aloha Airlines Non-Pilots Pension
Trust............................ 245,000 245,000 0 11,364
Aloha Pilots Retirement Trust.... 140,000 140,000 0 6,494
Alpha US Sub Fund VIII, LLC...... 1,250,000 1,250,000 0 57,978
Alpine Associates................ 5,600,000 5,600,000 0 259,740
Alpine Partners, L.P............. 900,000 900,000 0 41,744
Argent Classic Convertible
Arbitrage Fund (Bermuda) L.P..... 11,000,000 11,000,000 0 510,204
Argent Convertible Arbitrage Fund
Ltd. ............................ $10,000,000 $10,000,000 0 463,822
Aristeia International, Limited.. 5,160,000 5,160,000 0 239,332
Aristeia Trading, L.P............ 3,340,000 3,340,000 0 154,917
Arkansas PERS.................... 800,000 800,000 0 37,106
Arkansas Teachers Retirement..... 6,376,000 6,376,000 0 295,733
2
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
Associated Electric & Gas
Insurance Services Limited....... 800,000 800,000 0 37,106
Bank Austria Cayman Islands,
Ltd.............................. 8,800,000 8,800,000 0 408,163
Baptist Health of South Florida.. 407,000 407,000 0 18,888
BBT Fund, L.P.................... 16,000,000 16,000,000 0 742,115
Bear, Stearns & Co. Inc.(1)...... 5,000,000 5,000,000 0 231,911
Black Diamond Offshore, Ltd...... 281,000 281,000 0 13,033
BNP Paribas Equity Strategies.... 13,845,000 13,845,000 0 642,162
BNP Cooper Neff Convertible
Strategies Fund, L.P............. 1,155,000 1,155,000 0 53,571
Boilermakers Blacksmith Pension
Trust............................ 1,075,000 1,075,000 0 49,861
Boston Museum of Fine Arts....... 170,000 170,000 0 7,885
Boulder II Limited............... 6,762,000 6,762,000 0 313,636
BP Amoco PLC Master Trust........ 2,162,000 2,162,000 0 100,278
BT Equity Opportunities.......... 4,000,000 4,000,000 0 185,529
BT Equity Strategies............. 1,500,000 1,500,000 0 69,573
C&H Sugar Company, Inc........... 385,000 385,000 0 17,857
Capital Guardian Global
Convertible Fund #011............ 290,000 290,000 0 13,451
Chrysler Corporation Master
Retirement Trust................. 8,570,000 8,570,000 0 397,495
CIBC World Markets............... 3,595,000 3,595,000 0 166,744
Clinton Riverside Convertible
Portfolio Limited................ 7,000,000 7,000,000 0 324,675
CSC Charter Holdings II, Inc..... 0 N/A 3,724,458(2) 3,724,458
CSC Charter Holdings III, Inc.... 0 N/A 3,724,460(2) 3,724,460
3
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
DeAM Convertible Arbitrage
Fund, Ltd........................ 2,200,000 2,200,000 0 102,041
Deephaven Domestic Convertible
Trading Ltd...................... 16,250,000 16,250,000 0 753,711
Delaware PERS.................... 1,550,000 1,550,000 0 71,892
Delta Airlines Master Trust (c/o
Oaktree Capital Management,
LLC)............................. 2,950,000 2,950,000 0 136,827
Delta Pilots D&S Trust........... 440,000 440,000 0 20,408
Deutsche Bank Securities Inc..... 24,300,000 24,300,000 0 1,127,087
Double Black Diamond Offshore,
LDC.............................. $1,168,000 $1,168,000 0 54,174
Duckbill & Co.................... 2,500,000 2,500,000 0 115,956
Engineers Joint Pension Fund..... 700,000 700,000 0 32,468
Enterprise Convertible Security
Fund............................. 101,000 101,000 0 4,685
Evergreen Equity Income Fund..... 7,000,000 7,000,000 0 324,675
F.R. Convt Sec. Fn. ............. 85,000 85,000 0 3,942
Family Service Life Insurance
Company.......................... 300,000 300,000 0 13,915
Federated American Leaders Fund
Inc.............................. 18,500,000 18,500,000 858,071
Federated Equity Funds, on behalf
of its Federated Capital
Appreciation Fund................ 7,000,000 7,000,000 0 324,675
Federated Insurance Series, on
behalf of its Federated American
Leaders Fund II.................. 2,400,000 2,400,000 0 111,317
Fortis Series Fund, Inc. on
behalf of its American Leaders
Series........................... 50,000 50,000 0 2,319
Gaia Offshore Master Fund Ltd.... 7,000,000 7,000,000 0 324,675
Gary Anderson Marital Living
Trust............................ 200,000 200,000 0 9,276
4
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
General Motors Employees Global
Group Pension Trust.............. 3,500,000 3,500,000 0 176,252
General Motors Welfare Benefit
Trust (LT - VEBA)................ 2,500,000 2,500,000 0 115,956
Goldman, Sachs & Co.(1).......... 16,000,000 16,000,000 0 742,116
Grace Brothers, Ltd.............. 2,500,000 2,500,000 0 115,956
Guardian Life Insurance Company
of America....................... 10,200,000 10,200,000 0 473,098
Guardian Pension Trust........... 400,000 400,000 0 18,553
Hawaiian Airline Pilots
Retirement Plan.................. 220,000 220,000 0 10,204
Hawaiian Airlines Employees
Pension Plan - IAM............... 115,000 115,000 0 5,334
Hawaiian Airlines Pension Plan
for Salaried Employees........... 25,000 25,000 0 1,160
HBK Master Fund L.P.............. 46,000,000 46,000,000 0 2,133,581
Highbridge International LLC..... 25,900,000 25,900,000 0 1,201,299
Hotel Union and Hotel Industry
of Hawaii........................ 490,000 490,000 0 22,727
ICI American Holdings Trust...... 825,000 825,000 0 38,265
Island Holdings.................. 50,000 50,000 0 2,319
ITG Inc.......................... 204,000 204,000 0 9,462
Jefferies & Company Inc.......... 10,000 10,000 0 464
JMG Capital Partners, LP......... 10,500,000 10,500,000 0 487,013
Julius Baer Securities, Inc...... $450,000 $450,000 0 20,872
KBC Financial Products USA....... 500,000 500,000 0 23,191
Lancer Securities Cayman Ltd. ... 800,000 800,000 0 37,106
Legion Strategies, Ltd. ......... 65,000 65,000 0 3,015
5
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
Lerco Alternative Fund, Ltd. .... 1,695,000 1,695,000 0 78,618
Lipper Convertibles, L.P. ....... 12,000,000 12,000,000 0 695,733
Lumberman's Mutual Casualty...... 722,000 722,000 0 33,488
Lydian Overseas Partners Master
Fund............................. 35,000,000 35,000,000 0 1,623,377
Mainstay Convertible Fund........ 7,500,000 7,500,000 0 347,867
Mainstay VP Convertible
Portfolio........................ 1,000,000 1,000,000 0 46,382
McMahan Securities Co. L.P....... 174,000 174,000 0 8,071
Merrill Lynch, Pierce Fenner &
Smith, Inc.(1)................... 450,000 450,000 0 20,872
Morgan Stanley & Co. (1)......... 350,000 350,000 0 16,234
Motion Picture Industry Health
Plan - Active Member Fund........ 1,000,000 1,000,000 0 46,382
Motion Picture Industry Health
Plan - Retiree Member Fund....... 500,000 500,000 0 23,191
Nalco Chemical Company........... 260,000 260,000 0 12,059
Navigator Offshore Fund Ltd...... 1,597,000 1,597,000 0 74,072
Navigator Partners LP............ 690,000 690,000 0 32,004
Navigator Special Partners LP.... 213,000 213,000 0 9,879
Nicholas Applegate Convertible
Fund............................. 2,291,000 2,291,000 0 106,262
Nomura International PLC London.. 9,000,000 9,000,000 0 417,440
Nomura Securities International.. 6,000,000 6,000,000 0 278,293
Northern Income Equity Fund...... 1,000,000 1,000,000 0 46,382
OCM Convertible Trust............ 4,235,000 4,235,000 0 196,429
Ohio National Fund, Inc. on
behalf of its Blue Chip
Portfolio........................ 50,000 50,000 0 2,319
Onex Industrial Partners
Limited.......................... 3,350,000 3,350,000 0 155,380
6
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
OZ Master Fund, Ltd.............. 6,000,000 6,000,000 0 278,293
Pacific Life Insurance Company... 1,000,000 1,000,000 0 46,382
Palladin Securities LLC.......... 500,000 500,000 0 23,191
Park Avenue Life Insurance
Company.......................... 100,000 100,000 0 4,638
Partner Reinsurance Company Ltd.. 1,725,000 1,725,000 0 80,009
Pebble Capital, Inc. ............ 1,350,000 1,350,000 0 62,616
Pell Rudman Trust Company........ 1,475,000 1,475,000 0 68,414
Peoples Benefit Life Insurance
Company TEAMSTERS separate
account.......................... 3,750,000 3,750,000 0 173,933
PGEP III LLC..................... 500,000 500,000 0 23,191
PHEP IV, Inc..................... 116,000 116,000 0 5,380
Physicians Life.................. 549,000 549,000 0 25,464
PRIM Board....................... 3,115,000 3,115,000 0 144,481
Primerica Life Insurance
Company.......................... 1,503,000 1,503,000 0 69,712
Principal Investors Fund, Inc. on
behalf of its Partners Large Cap
Blend Fund....................... 40,000 40,000 0 1,855
Purchase Associates, L.P......... 679,000 679,000 0 31,494
Queens Health Plan............... 85,000 85,000 0 3,942
R(2) Investments, LDC............ 42,000,000 42,000,000 0 1,948,052
Retail Clerks Pension Trust...... 3,000,000 3,000,000 0 139,147
Retail Clerks Pension Trust #2... 2,000,000 2,000,000 0 92,764
Sage Capital..................... 3,850,000 3,850,000 0 178,571
Salomon Smith Barney Inc......... 1,030,000 1,030,000 0 47,774
San Diego City Retirement........ 1,371,000 1,371,000 0 63,590
San Diego County Convertible..... 2,960,000 2,960,000 0 137,291
7
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
San Diego County Employees
Retirement Association........... 200,000 200,000 0 9,276
Screen Actors Guild Pension
Convertible...................... 745,000 745,000 0 34,555
Silvercreek Limited Partnership.. 3,038,000 3,038,000 0 140,909
St. Albans Partners Ltd.......... 5,000,000 5,000,000 0 231,911
Starvest Combined Portfolio...... 1,000,000 1,000,000 0 46,382
State Employees' Retirement Fund
of the State of Delaware......... 4,325,000 4,325,000 0 200,603
State of Connecticut Combined
Investment Funds................. 9,460,000 9,460,000 0 438,776
State of Oregon - Equity......... 5,025,000 5,025,000 0 233,071
State of Oregon/SAIF
Corporation...................... 9,785,000 9,785,000 0 453,850
SunAmerica Series Trust, on
behalf of its Federated Value
Portfolio........................ 1,000,000 1,000,000 0 46,382
TCI Bresnan, LLC................. 0 N/A 0 9,098,006(3)
TCID of Michigan, Inc............ 0 N/A 15,117,743(3)
TCW Group, Inc................... 12,075,000 12,075,000 0 560,065
The Common Fund for Non-Profit
Organizations (Absolute Return
Fund)............................ 61,000 61,000 0 2,829
The Estate of James Campbell..... 876,000 876,000 0 40,631
The Travelers Indemnity Company.. 4,956,000 4,956,000 0 229,870
The Travelers Insurance Company
- - Life........................... 2,548,000 2,548,000 0 118,182
The Travelers Insurance Company
Separate Account TLAC............ 289,000 289,000 0 13,404
The Travelers Life and Annuity
Company.......................... 304,000 304,000 0 14,100
TQA Master Plus Fund, Ltd. ...... 750,000 750,000 0 34,787
8
Shares of Class A
Convertible Senior Notes Common Stock
---------------------------- ---------------------
Shares of
Class A
Common
Amount of Principal Stock
Notes Owned Amount of Owned Shares
Before Notes That Before That May
Selling Securityholder Offering May Be Sold Offering Be Sold
- ---------------------------------- ------------- ------------- ----------- ----------
TQA Masterfund, Ltd. ............ 1,750,000 1,750,000 0 81,169
Travelers Series Trust
Convertible Bond Portfolio....... 400,000 400,000 0 18,553
Tribeca Investments LLC.......... 27,500,000 27,500,000 0 1,275,511
UBS O'Connor LLC (f/b/o UBS
Global Equity Arbitrage
Master Ltd.)..................... 5,000,000 5,000,000 0 231,911
Value Line Convertible Fund,
Inc.............................. 500,000 500,000 0 23,191
Van Kampen Harbor Fund........... 3,000,000 3,000,000 0 139,147
Vanguard Convertible Securities
Fund, Inc........................ 10,295,000 10,295,000 0 477,505
Viacom Inc. Pension Plan Master
Trust............................ 68,000 68,000 0 3,154
Wake Forest University........... 1,296,000 1,296,000 0 60,111
Wasserstein Perella Securities
Inc.............................. 1,000,000 1,000,000 0 46,382
While River Securities L.L.C..... 5,000,000 5,000,000 0 231,911
Worldwide Transactions, Ltd. .... 51,000 51,000 0 2,366
Writers Guild Convertible........ 435,000 435,000 0 50,176
Wyoming State Treasurer.......... 1,496,000 1,496,000 0 89,388
Yield Strategies Fund I LP....... 1,000,000 1,000,000 0 46,382
ZCM/HFR Index Management, L.L.C.
(f/k/a Zurich HFR Master Hedge
Fund Index Ltd.)................. 100,000 100,000 0 4,638
Zeneca AG Products, Inc.......... 150,000 150,000 0 6,957
Zeneca Holdings Trust............ 375,000 375,000 0 17,393
Zurich HFR Master Hedge Fund
Index LTD........................ 3,200,000 3,200,000 0 148,423
(1) These entities and/or their affiliates have provided, and may from time
to time provide, investment banking services to Charter Communications,
Inc. and its subsidiaries, including, among other things, acting as lead
and/or co-manager with respect to offerings of debt and equity
securities.
9
(2) Represents the number of shares of Class A common stock issued to the
selling securityholder in the Kalamazoo acquisition.
(3) Represents the number of shares of Class A common stock for which the
selling securityholders may exchange their Class A Preferred Units in CC
VIII, LLC and an indeterminate number of shares issuable upon such
exchange, as such number may be adjusted under certain circumstances.
SEE "RISK FACTORS" BEGINNING ON PAGE 3 OF THE PROSPECTUS TO READ ABOUT IMPORTANT
FACTORS YOU SHOULD CONSIDER BEFORE BUYING THE CONVERTIBLE SENIOR NOTES OR SHARES
OF OUR CLASS A COMMON STOCK.
---------------
These securities have not been approved or disapproved by the Securities and
Exchange Commission or any state securities commission nor has the Securities
and Exchange Commission or any state securities commission passed upon the
accuracy or adequacy of the prospectus or this prospectus supplement. Any
representation to the contrary is a criminal offense.
The date of this prospectus supplement is February 16, 2001.
10