Charles F. Dolan - Mar 9, 2022 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Role
Director, Member of 13(d) Group, 10%+ Owner
Signature
By: /s/ Dennis H. Javer, Attorney-in-Fact for Charles F. Dolan
Stock symbol
AMCX
Transactions as of
Mar 9, 2022
Transactions value $
-$379,022
Form type
4
Date filed
3/11/2022, 03:29 PM
Previous filing
Dec 14, 2021
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction AMCX Class A Common Stock Award $0 +16K +47.15% $0.00 50K Mar 9, 2022 Direct F1, F2, F3
transaction AMCX Class A Common Stock Tax liability -$228K -5.88K -11.76% $38.89 44.1K Mar 9, 2022 Direct F2, F3, F4
transaction AMCX Class A Common Stock Options Exercise $0 +3.16K +7.17% $0.00 47.2K Mar 9, 2022 Direct F2, F3, F5
transaction AMCX Class A Common Stock Tax liability -$44.3K -1.14K -2.41% $38.89 46.1K Mar 9, 2022 Direct F2, F3, F6
transaction AMCX Class A Common Stock Options Exercise $0 +7.28K +15.78% $0.00 53.4K Mar 9, 2022 Direct F2, F3, F5
transaction AMCX Class A Common Stock Tax liability -$106K -2.73K -5.12% $38.89 50.6K Mar 9, 2022 Direct F2, F3, F6
holding AMCX Class A Common Stock 121K Mar 9, 2022 By CFD Revocable Trust F3, F7

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 -3.16K -100% 0 Mar 9, 2022 Class A Common Stock 3.16K Direct F2, F3, F5, F8
transaction AMCX Restricted Stock Units Options Exercise -7.28K -50% 7.28K Mar 9, 2022 Class A Common Stock 7.28K Direct F2, F3, F5, F9

Explanation of Responses:

Id Content
F1 Each share of Class A Common Stock was issued on March 9, 2022 upon the vesting of performance restricted stock units ("PRSUs"). The PRSUs were initially granted on March 9, 2019 under the AMC Networks Inc. 2016 Employee Stock Plan, and the number of shares of Class A Common Stock issued on March 9, 2022 was determined based on the achievement of performance criteria established at the time of grant.
F2 Securities held directly by Mr. Charles F. Dolan and indirectly by his spouse, Mrs. Helen A. Dolan.
F3 Helen A. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F4 Securities withheld to pay withholding taxes on vested PRSUs exempt under Rule 16b-3.
F5 Each restricted stock unit ("RSU") is granted 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.
F6 Securities withheld to pay withholding taxes on vested RSUs exempt under Rule 16b-3.
F7 Charles F. Dolan is a co-trustee and beneficiary of the Charles F. Dolan 2009 Revocable Trust.
F8 One-third of the RSUs vested and were settled on March 9, 2020. One-third of the RSUs vested and were settled on March 9, 2021.The remaining one-third of the RSUs vested and were settled on March 9, 2022.
F9 One-third of the RSUs vested and were settled on March 9, 2021. One third of the RSUs vested and were settled on March 9, 2022. The remaining one third of the RSUs vest on March 9, 2023.