Patrick O'Connell - Mar 9, 2023 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Signature
Anne G. Kelly, Attorney-in-Fact for Patrick O'Connell
Stock symbol
AMCX
Transactions as of
Mar 9, 2023
Transactions value $
-$65,580
Form type
4
Date filed
3/15/2023, 06:23 PM
Previous filing
Oct 20, 2022
Next filing
Apr 17, 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 +9.33K 9.33K Mar 9, 2023 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$65.6K -3.37K -36.11% $19.46 5.96K Mar 9, 2023 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 -9.33K -33.33% 18.7K Mar 9, 2023 AMC Networks Inc. Class A Common Stock 9.33K 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 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 vest as follows: one-third on March 9, 2024 and one-third on March 9, 2025.
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.