Form 4

 

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
 1. Name and Address of Reporting Person*



   Burke                           Stephen                             B.		 2. Issuer Name and Ticker or Trading Symbol


    Comcast Corporation (formerly named AT&T Comcast
    Corporation): CMCSA and CMCSK		 6. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)

     o Director                    o 10% Owner
     x Officer                     o Other (specify below)
        (give title below)

              Executive Vice President
   (Last)                            (First)                         (Middle)


 Comcast Corporation
 1500 Market Street		 3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (Voluntary)		 4. Statement for
    Month/Day/Year

    November 18, 2002
                                       (Street)



 Philadelphia                      PA                             19102		 5. If Amendment, Date of
    Original (Month/Day/Year)

    November 20, 2002		 7. Individual or Joint/Group Filing
    (Check Applicable Line)
     x Form filed by One Reporting Person
     o Form filed by More than One Reporting Person
   (City)                           (State)                           (Zip) Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security
    (Instr. 3)  		 2. Trans-
    action
    Date
    (Month/
    Day/
    Year)  		 2A. Deemed
       Execution
       Date, if any
       (Month/
       Day/
       Year) 		 3. Trans-
    action
    Code
    (Instr. 8)		 4. Securities Acquired (A)
    or Disposed of (D)
    (Instr. 3, 4 and 5)		 5. Amount of
    Securities
    Beneficially
    Owned
    Following
    Reported
    Transaction(s)
    (Instr. 3 and 4)		 6. Owner-
    ship
    Form:
    Direct
    (D) or
    Indirect
    (I)
    (Instr. 4)		 7. Nature of
    Indirect
    Beneficial
    Owner-
    ship
    (Instr. 4)
   Code    V Amount (A)
 or
(D) 		     Price     
 Class A Special Common Stock  11/18/02    A    10,928.3413  A  (1)  10,928.3413  D  
 Class A Special Common Stock  11/18/02    A    23,054.139  A  (1)  23,054.139  I  By 401(k) Plan
                     
                     
                     
                     
                     
                     
                     
                     
Reminder:   Report on a separate line for each class of securities beneficially owned directly or indirectly.
*   If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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FORM 4 (continued)

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

1. Title of Derivative
    Security
    (Instr. 3) 		2. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
    Security(1)		 3. Trans-
    action
    Date
    (Month/
    Day/
    Year)  		 3A. Deemed
       Execution
       Date, if
       any
       (Month/
       Day/
       Year) 		4. Trans-
    action
    Code
    (Instr. 8) 		5. Number of Deriv-
    ative Securities
    Acquired (A) or
    Disposed of (D)
    (Instr. 3, 4 and 5)		 6. Date Exercisable
    and Expiration
    Date
    (Month/Day/Year)		 7. Title and Amount of
    Underlying Securities
    (Instr. 3 and 4)		 8. Price
    of
    Deriv-
    ative
    Security
    (Instr.
    5)  		 9. Number
    of Deriv-
    ative
    Securities
    Bene-
    ficially
    Owned
    Following
    Reported
    Trans-
    action(s)
    (Instr. 4)		 10. Owner-
      ship
      Form of
      Deriv-
      ative
      Securities:
      Direct
      (D) or
      Indirect
      (I)
      (Instr. 4) 		11. Nature
      of
      Indirect
      Benefi-
      cial
      Owner-
      ship
      (Instr. 4)
  Code     V   (A)(1) (D) Date
Exercisable 		Expiration
Date 		      Title       Amount or
Number of
Shares(1)
Option to Purchase
Class A Special
Common Stock  		 $17.3282   11/18/02     A     8,658     (2)   6/03/2008   Class A Special
Common Stock 		8,658     8,658   D    
Option to Purchase
Class A Special
Common Stock  		 $17.0882   11/18/02     A     988,456     (3)   6/03/2008   Class A Special
Common Stock 		988,456     988,456   D    
Option to Purchase
Class A Special
Common Stock  		 $17.3282   11/18/02     A     31,732     (4)   6/03/2008   Class A Special
Common Stock 		31,732     31,732   D    
Option to Purchase
Class A Special
Common Stock  		 $17.0882   11/18/02     A     965,384     (5)   6/03/2008   Class A Special
Common Stock 		965,384     965,384   D    
Option to Purchase
Class A Special
Common Stock  		 $32.8437   11/18/02     A     53,750     (6)   5/03/2009   Class A Special
Common Stock 		53,750     53,750   D    
Option to Purchase
Class A Special
Common Stock  		 $32.8437   11/18/02     A     3,044     5/03/2008   5/03/2009   Class A Special
Common Stock 		3,044     3,044   D    
Option to Purchase
Class A Special
Common Stock  		 $32.8437   11/18/02     A     43,206     (7)   5/03/2009   Class A Special
Common Stock 		43,206     43,206   D    
Option to Purchase
Class A Special
Common Stock  		 $37.5625   11/18/02     A     2,662     6/02/2009   6/02/2010   Class A Special
Common Stock 		2,662     2,662   D    
Option to Purchase
Class A Special
Common Stock  		 $37.5625   11/18/02     A     697,338     (8)   6/02/2010   Class A Special
Common Stock 		697,338     697,338   D    
Option to Purchase
Class A Special
Common Stock  		 $38.4375   11/18/02     A     600,000     (9)   3/15/2010   Class A Special
Common Stock 		600,000     600,000   D    
Option to Purchase
Class A Special
Common Stock  		 $36.9700   11/18/02     A     5,408     (10)   7/30/2011   Class A Special
Common Stock 		5,408     5,408   D    
Option to Purchase
Class A Special
Common Stock  		 $36.9700   11/18/02     A     494,592     (11)   7/30/2011   Class A Special
Common Stock 		494,592     494,592   D    
Option to Purchase
Class A Special
Common Stock  		 $34.9000   11/18/02     A     500,000     (12)   1/07/2012   Class A Special
Common Stock 		500,000     500,000   D    
Option to Purchase
Class A Special
Common Stock  		 $35.4900   11/18/02     A     300,000     (13)   1/24/2012   Class A Special
Common Stock 		300,000     300,000   D    
Option to Purchase
Class A Special
Common Stock  		 $23.8400   11/18/02     A     395,806     (14)   10/28/2012   Class A Special
Common Stock 		395,806     395,806   D    
Option to Purchase
Class A Special
Common Stock  		 $23.8400   11/18/02     A     4,194     4/28/2012   10/28/2012   Class A Special
Common Stock 		4,194     4,194   D    

Explanation of Responses:

(1) Shares and options to purchase shares of Issuer common stock were acquired pursuant to the merger of each of Comcast Holdings Corporation (formerly named Comcast Corporation) and Comcast Cable Communications Holdings, Inc. (formerly named AT&T Broadband Corp.) with wholly-owned subsidiaries of the Issuer.
(2) 5,772 shares are immediately exercisable and 2,886 shares are exercisable on 6/03/2003.
(3) 791,342 shares are immediately exercisable and 197,114 shares are exercisable on 6/03/2003.
(4) 5,768 shares are immediately exercisable; 2,884 shares are exercisable on 6/03/2003; 5,770 shares are exercisable on 6/03/2004; and 17,310 shares are exercisable on 6/03/2007.
(5) 391,348 shares are immediately exercisable; 97,116 shares are exercisable on 6/03/2003; 376,920 shares are exercisable on 6/03/2007; and 100,000 shares are exercisable on 12/03/2007.
(6) 32,250 shares are immediately exercisable and 10,750 shares are exercisable on each of 5/03/2003 and 5/03/2004.
(7) 13,875 shares are immediately exercisable; 4,625 shares are exercisable on each of 05/03/2003, 05/03/2004, 05/03/2005, 05/03/2006 and 05/03/2007; 1,581 shares are exercisable on 5/03/2008; and 4,625 shares are exercisable on 11/03/2008.
(8) 140,000 shares are immediately exercisable; 70,000 shares are exercisable on each of 6/02/2003, 6/02/2004, 6/02/2005, 6/02/2006, 6/02/2007 and 6/02/2008; 67,338 shares are exercisable on 6/02/2009; and 70,000 shares are exercisable on 12/02/2009.
(9) 120,000 shares are immediately exercisable; 120,000 shares are exercisable on each of 3/15/2003 and 3/15/2004; and 240,000 shares are exercisable on 3/15/2005.
(10) 2,704 shares are exercisable on each of 7/30/2010 and 1/30/2011.
(11) 151,000 shares are exercisable on 7/30/2003; 75,500 shares are exercisable on each of 7/30/2004, 7/30/2005 and 7/30/2006; 24,500 shares are exercisable on each of 7/30/2007, 7/30/2008 and 7/30/2009; and 21,796 shares are exercisable on each of 7/30/2010 and 7/30/2011.
(12) 151,000 shares are exercisable on 1/07/2004; 75,500 shares are exercisable on each of 1/07/2005, 1/07/2006 and 1/07/2007; and 24,500 shares are exercisable on each of 1/07/2008, 1/07/2009, 1/07/2010, 1/07/2011 and 7/07/2011.
(13) 92,500 shares are exercisable on 1/24/2004; 46,250 shares are exercisable on each of 1/24/2005, 1/24/2006 and 1/24/2007; and 13,750 shares are exercisable on each of 1/24/2008, 1/24/2009, 1/24/2010, 1/24/2011 and 7/24/2011.
(14) 122,500 shares are exercisable on 10/28/2004; 61,250 shares are exercisable on each of 10/28/2005, 10/28/2006 and 10/28/2007; 18,750 shares are exercisable on each of 10/28/2008, 10/28/2009, 10/28/2010 and 10/28/2011; and 14,556 shares are exercisable on 4/28/2012.

 

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 /s/ Stephen B. Burke   December 5, 2002 
 
** Signature of Reporting Person   Date
Stephen B. Burke    
     

 

**   Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 Note:   File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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