Michael J. Sherin III - 07 Mar 2025 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
07 Mar 2025
Net transactions value
-$21,462
Form type
4
Filing time
11 Mar 2025, 09:29:05 UTC
Previous filing
22 May 2024
Next filing
14 Apr 2025
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 +4,628 4,628 07 Mar 2025 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $10,971 -1,554 -34% $7.06 3,074 07 Mar 2025 Direct F2
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +4,375 +142% 7,449 07 Mar 2025 Direct F3
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability $10,491 -1,486 -20% $7.06 5,963 07 Mar 2025 Direct F4

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 -4,628 -50% 4,629 07 Mar 2025 AMC Networks Inc. Class A Common Stock 4,628 Direct F1
transaction AMCX Restricted Stock Units Options Exercise -4,375 -33% 8,752 07 Mar 2025 AMC Networks Inc. Class A Common Stock 4,375 Direct F3
* 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 and one-third of the RSUs vested and settled on March 7, 2025. The remaining one-third of the RSUs will vest on March 9, 2026.
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 restricted stock unit ("RSU") was granted on March 12, 2024 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 7, 2025. The remaining RSUs will vest as follows: one-third on March 9, 2026 and one-third on March 9, 2027.
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.