Antara Capital LP - 14 Feb 2023 Form 4 Insider Report for AMC ENTERTAINMENT HOLDINGS, INC. (AMC)

Role
10%+ Owner
Signature
Antara Capital LP By: Antara Capital GP LLC, its general partner By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Managing Member
Issuer symbol
AMC
Transactions as of
14 Feb 2023
Net transactions value
-$59,808,281
Form type
4
Filing time
16 Feb 2023, 19:27:28 UTC
Previous filing
11 Apr 2023
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMC AMC Preferred Equity Units Sale $2,355,293 -977,300 -0.39% $2.41 248,733,117 14 Feb 2023 See Footnotes F1, F2, F3, F4
transaction AMC AMC Preferred Equity Units Sale $1,172,760 -488,650 -0.2% $2.40 248,244,467 14 Feb 2023 See Footnotes F1, F2, F3, F4
transaction AMC AMC Preferred Equity Units Sale $1,167,874 -488,650 -0.2% $2.39 247,755,817 14 Feb 2023 See Footnotes F1, F2, F3, F4
transaction AMC AMC Preferred Equity Units Sale $7,118,184 -2,965,910 -1.2% $2.40 244,789,907 14 Feb 2023 See Footnotes F1, F2, F3, F4
transaction AMC AMC Preferred Equity Units Sale $41,027,388 -16,677,800 -6.8% $2.46 228,112,107 15 Feb 2023 See Footnotes F1, F2, F3, F4
transaction AMC AMC Preferred Equity Units Sale $2,163,816 -879,600 -0.39% $2.46 227,232,507 15 Feb 2023 See Footnotes F1, F2, F3, 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 AMC Total Return Swap Sale $2,235,000 -500,000 -25% $4.47 1,500,000 14 Feb 2023 Class A Common Stock 50,000 See Footnotes F1, F2, F3, F4, F5
transaction AMC Total Return Swap Sale $462,000 -100,000 -6.7% $4.62 1,400,000 15 Feb 2023 Class A Common Stock 100,000 See Footnotes F1, F2, F3, F4, F5
transaction AMC Total Return Swap Sale $1,561,168 -316,667 -23% $4.93 1,083,333 15 Feb 2023 Class A Common Stock 12,100 See Footnotes F1, F2, F3, F4, F5
transaction AMC Total Return Swap Sale $104,800 -20,000 -2.2% $5.24 883,333 16 Feb 2023 Class A Common Stock 200,000 See Footnotes F1, F2, F3, F4, F5
transaction AMC Total Return Swap Sale $439,998 -83,333 -9.4% $5.28 800,000 16 Feb 2023 Class A Common Stock 83,333 See Footnotes F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed on behalf of (i) Antara Capital Master Fund LP, a Cayman Islands exempted limited partnership ("Antara Master Fund"), (ii) Antara Capital LP, a Delaware limited partnership ("Antara Capital"), (iii) Antara Capital GP LLC, a Delaware limited liability company ("Antara GP"), (iv) Antara Capital Fund GP LLC, a Delaware limited liability company ("Antara Fund GP") and (v) Himanshu Gulati (collectively, the "Reporting Persons").
F2 Antara Capital serves as the investment manager of Antara Master Fund. Antara Fund GP is the general partner of Antara Master Fund and Antara GP is the general partner of Antara Capital. Himanshu Gulati is the sole member of Antara Fund GP and Antara GP. Each of Antara Capital, Antara GP, Antara Fund GP and Himanshu Gulati may be deemed to indirectly beneficially own the securities held directly by the Antara Master Fund and each disclaims beneficial ownership of all such securities except to the extent of any indirect pecuniary interest therein.
F3 The securities are held directly by Antara Master Fund.
F4 This report shall not be deemed an admission that the Reporting Persons, or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F5 Antara Master Fund closed a portion of its total return swap with a counterparty via disposing of "notional" shares of Class A Common Stock. The swap agreement provided that, upon settlement of the swap, the reporting person would pay the per share purchase price of $6.08 to the counterparty, and the counterparty would pay to the reporting person an amount equal to the then per share market price, each of the applicable number of shares.