Christina Spade - 09 Mar 2022 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Signature
/s/ Anne G. Kelly, Attorney-in-Fact for Christina Spade
Issuer symbol
AMCX
Transactions as of
09 Mar 2022
Net transactions value
-$163,921
Form type
4
Filing time
11 Mar 2022, 15:22:20 UTC
Previous filing
23 Nov 2021
Next filing
08 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise $0 +2,809 $0.000000 2,809 09 Mar 2022 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $39,279 -1,010 -36% $38.89 1,799 09 Mar 2022 Direct F2
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise $0 +8,893 +494% $0.000000 10,692 09 Mar 2022 Direct F3
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $124,642 -3,205 -30% $38.89 7,487 09 Mar 2022 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMCX Restricted Stock Units Options Exercise -2,809 -33% 5,618 09 Mar 2022 AMC Networks Inc. Class A Common Stock 2,809 Direct F1
transaction AMCX Restricted Stock Units Options Exercise -8,893 -33% 17,788 09 Mar 2022 AMC Networks Inc. Class A Common Stock 8,893 Direct F3
transaction AMCX Restricted Stock Units Award +45,866 45,866 10 Mar 2022 AMC Networks Inc. Class A Common Stock 45,866 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") was granted on November 19, 2021 under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 9, 2022. The remaining two-thirds of the RSUs will vest as follows: one- third on March 9, 2023 and one-third on March 9, 2024, subject to the achievement of certain performance measures.
F2 Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.
F3 Each RSU was granted on March 12, 2021 under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 12, 2021 and one-third of the RSUs vested and were settled on March 9, 2022. The remaining one-third of the RSUs will vest on March 9, 2023 subject to the achievement of certain performance measures.
F4 Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 3 above, exempt under Rule 16b-3.
F5 Each RSU was granted on March 10, 2022 under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest as follows: one-third of the RSUs will vest on March 9, 2023, one-third on March 9, 2024 and one-third on March 9, 2025 subject to the achievement of certain performance measures.