Michael J. Sherin III - Mar 9, 2022 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Role: EVP & Chief Accounting Officer
Signature: /s/ Anne G. Kelly, attorney-in-fact for Michael J. Sherin III
Stock symbol: AMCX
Transactions as of: Mar 9, 2022
Transactions value $: -$52,113
Form type: 4
Date filed: 3/11/2022, 03:39 PM
Previous filing: Oct 18, 2021
Next filing: Mar 15, 2023

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	+791		$0.00	791	Mar 9, 2022	Direct	F1
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Tax liability	-$12.1K	-310	-39.19%	$38.89	481	Mar 9, 2022	Direct	F2
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Options Exercise	$0	+1.82K	+378.17%	$0.00	2.3K	Mar 9, 2022	Direct	F3
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Tax liability	-$26.8K	-689	-29.96%	$38.89	1.61K	Mar 9, 2022	Direct	F4
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Options Exercise	$0	+143	+8.88%	$0.00	1.75K	Mar 9, 2022	Direct	F5
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Tax liability	-$1.83K	-47	-2.68%	$38.89	1.71K	Mar 9, 2022	Direct	F6
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Options Exercise	$0	+889	+52.08%	$0.00	2.6K	Mar 9, 2022	Direct	F7
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Tax liability	-$11.4K	-294	-11.33%	$38.89	2.3K	Mar 9, 2022	Direct	F8

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		-791	-100%		0	Mar 9, 2022	AMC Networks Inc. Class A Common Stock	791		Direct	F1
transaction	AMCX	Restricted Stock Units	Options Exercise		-1.82K	-50%		1.82K	Mar 9, 2022	AMC Networks Inc. Class A Common Stock	1.82K		Direct	F3
transaction	AMCX	Restricted Stock Units	Options Exercise		-143	-33.26%		287	Mar 9, 2022	AMC Networks Inc. Class A Common Stock	143		Direct	F5
transaction	AMCX	Restricted Stock Units	Options Exercise		-889	-33.31%		1.78K	Mar 9, 2022	AMC Networks Inc. Class A Common Stock	889		Direct	F7
transaction	AMCX	Restricted Stock Units	Award		+4.16K			4.16K	Mar 10, 2022	AMC Networks Inc. Class A Common Stock	4.16K		Direct	F9

* 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 March 8, 2019 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, 2020 and one-third of the RSUs vested and were settled on March 9, 2021. The remaining one-third of the RSUs vested and were settled on March 9, 2022.
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 8, 2020 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, 2021 and one-third of the RSUs vested 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 October 15, 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 RSUs vest as follows: one-third on March 9, 2023 and one-third on March 9, 2024.
F6	Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 5 above, exempt under Rule 16b-3.
F7	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 9, 2022. The remaining RSUs vest as follows: one-third on March 9, 2023 and one-third on March 9, 2024, subject to the achievement of certain performance measures.
F8	Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 7 above, exempt under Rule 16b-3.
F9	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.