James Gallagher - 30 Dec 2022 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Signature
/s/ Anne G. Kelly, Attorney-in-Fact for James Gallagher
Issuer symbol
AMCX
Transactions as of
30 Dec 2022
Net transactions value
-$515,982
Form type
4
Filing time
03 Jan 2023, 15:24:18 UTC
Previous filing
14 Mar 2022
Next filing
23 Feb 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 +61,872 +311% 81,795 30 Dec 2022 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $515,982 -32,928 -40% $15.67 48,867 30 Dec 2022 Direct F2

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 -61,872 -100% 0 30 Dec 2022 AMC Networks Inc. Class A Common Stock 61,872 Direct F1
* 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 October 10, 2018 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 vested and were settled on December 30, 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.