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

Role
EVP and General Counsel
Signature
/s/ Anne G. Kelly, Attorney-in-Fact for James Gallagher
Stock symbol
AMCX
Transactions as of
Dec 30, 2022
Transactions value $
-$515,982
Form type
4
Date filed
1/3/2023, 03:24 PM
Previous filing
Mar 14, 2022
Next filing
Feb 23, 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 +61.9K +310.56% 81.8K Dec 30, 2022 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$516K -32.9K -40.26% $15.67 48.9K Dec 30, 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 -61.9K -100% 0 Dec 30, 2022 AMC Networks Inc. Class A Common Stock 61.9K 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.