Kimberly Kelleher - 09 Mar 2023 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Role
Chief Commercial Officer
Signature
Anne G. Kelly, attorney-in-fact for Kim Kelleher
Issuer symbol
AMCX
Transactions as of
09 Mar 2023
Net transactions value
-$103,469
Form type
4
Filing time
15 Mar 2023, 18:13:48 UTC
Previous filing
20 Oct 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 +4,548 +68% 11,283 09 Mar 2023 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $31,895 -1,639 -15% $19.46 9,644 09 Mar 2023 Direct F2
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +2,224 +23% 11,868 09 Mar 2023 Direct F3
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $21,892 -1,125 -9.5% $19.46 10,743 09 Mar 2023 Direct F4
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +1,944 +18% 12,687 09 Mar 2023 Direct F5
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $19,304 -992 -7.8% $19.46 11,695 09 Mar 2023 Direct F6
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +3,058 +26% 14,753 09 Mar 2023 Direct F7
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $30,377 -1,561 -11% $19.46 13,192 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 -4,548 -100% 0 09 Mar 2023 AMC Networks Inc. Class A Common Stock 4,548 Direct F1
transaction AMCX Restricted Stock Units Options Exercise -2,224 -50% 2,224 09 Mar 2023 AMC Networks Inc. Class A Common Stock 2,224 Direct F3
transaction AMCX Restricted Stock Units Options Exercise -1,944 -33% 3,889 09 Mar 2023 AMC Networks Inc. Class A Common Stock 1,944 Direct F5
transaction AMCX Restricted Stock Units Options Exercise -3,058 -33% 6,116 09 Mar 2023 AMC Networks Inc. Class A Common Stock 3,058 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 11, 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 and were settled on March 9, 2022. 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 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.
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 19, 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 two-thirds of the RSUs will vest as follows: one-third on March 9, 2024 and one-third on March 9, 2025.
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 two-thirds of the RSUs will 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.