Michael J. Sherin III - 08 Mar 2024 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
08 Mar 2024
Transactions value $
-$18,450
Form type
4
Filing time
12 Mar 2024, 16:36:35 UTC
Previous filing
31 Oct 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 +4.63K +94.89% 9.51K 08 Mar 2024 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$18.5K -1.56K -16.38% $11.85 7.95K 08 Mar 2024 Direct

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 -4.63K -33.33% 9.26K 08 Mar 2024 AMC Networks Inc. Class A Common Stock 4.63K 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 24, 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 RSUs will vest as follows: one-third on March 9, 2025 and one-third on March 9, 2026.