Michael J. Sherin III - 09 Mar 2023 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
Issuer symbol
AMCX
Transactions as of
09 Mar 2023
Net transactions value
-$32,362
Form type
4
Filing time
15 Mar 2023, 17:11:32 UTC
Previous filing
11 Mar 2022
Next filing
17 Apr 2023
SEC
View on sec.gov

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 +1,819 +79% 4,121 09 Mar 2023 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $13,894 -714 -17% $19.46 3,407 09 Mar 2023 Direct F2
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +143 +4.2% 3,550 09 Mar 2023 Direct F3
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $1,090 -56 -1.6% $19.46 3,494 09 Mar 2023 Direct F4
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +890 +25% 4,384 09 Mar 2023 Direct F5
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $6,792 -349 -8% $19.46 4,035 09 Mar 2023 Direct F6
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +1,386 +34% 5,421 09 Mar 2023 Direct F7
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $10,586 -544 -10% $19.46 4,877 09 Mar 2023 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 -1,819 -100% 0 09 Mar 2023 AMC Networks Inc. Class A Common Stock 1,819 Direct F1
transaction AMCX Restricted Stock Units Options Exercise -143 -50% 144 09 Mar 2023 AMC Networks Inc. Class A Common Stock 143 Direct F3
transaction AMCX Restricted Stock Units Options Exercise -890 -50% 890 09 Mar 2023 AMC Networks Inc. Class A Common Stock 890 Direct F5
transaction AMCX Restricted Stock Units Options Exercise -1,386 -33% 2,773 09 Mar 2023 AMC Networks Inc. Class A Common Stock 1,386 Direct F7
* 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, 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, and one-third of the RSUs vested and were settled on March 9, 2021. The remaining two-thirds of the RSUs vest as follows: The remaining one-third of the RSUs vested and were settled on March 9, 2023.
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 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, and one-third of the RSUs vested and were settled on March 9, 2023. The remaining one-third of the RSUs will vest on March 9, 2024.
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 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, and one-third of the RSUs vested and were settled on March 9, 2023. The remaining one-third of the RSUs will vest 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 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. One-third of the RSUs vested and were settled on March 9, 2023. The remaining RSUs vest as follows: one-third on March 9, 2024 and one-third on March 9, 2025.
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.