James Gallagher - 08 Mar 2024 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
Issuer symbol: AMCX
Transactions as of: 08 Mar 2024
Net transactions value: -$266,767
Form type: 4
Filing time: 12 Mar 2024, 16:27:28 UTC
Previous filing: 20 Dec 2023
Next filing: 14 Mar 2024
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		+7,412	+108%		14,279	08 Mar 2024	Direct	F1
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Tax liability	$46,736	-3,944	-28%	$11.85	10,335	08 Mar 2024	Direct	F2
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Options Exercise		+10,193	+99%		20,528	08 Mar 2024	Direct	F3
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Tax liability	$64,274	-5,424	-26%	$11.85	15,104	08 Mar 2024	Direct	F4
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Options Exercise		+24,699	+164%		39,803	08 Mar 2024	Direct	F5
transaction	AMCX	AMC Networks Inc. Class A Common Stock	Tax liability	$155,756	-13,144	-33%	$11.85	26,659	08 Mar 2024	Direct	F6

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		-7,412	-100%		0	08 Mar 2024	AMC Networks Inc. Class A Common Stock	7,412		Direct	F1
transaction	AMCX	Restricted Stock Units	Options Exercise		-10,193	-50%		10,193	08 Mar 2024	AMC Networks Inc. Class A Common Stock	10,193		Direct	F3
transaction	AMCX	Restricted Stock Units	Options Exercise		-24,699	-33%		49,398	08 Mar 2024	AMC Networks Inc. Class A Common Stock	24,699		Direct	F5

* 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 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 vested and were settled on March 8, 2024.
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 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 and one-third of the RSUs vested and were settled on March 8, 2024. The remaining one-third of the RSUs will vest on March 9, 2025.
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 April 13, 2023 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 8, 2024. The remaining two-thirds of the RSUs will vest as follows: one-third on March 9, 2025 and one-third on March 9, 2026.
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.