Charles F. Dolan - Mar 9, 2023 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Role
Director, Member of 13(d) Group, 10%+ Owner
Signature
/s/ Dennis H. Javer, Attorney-in-Fact for Charles F. Dolan
Stock symbol
AMCX
Transactions as of
Mar 9, 2023
Transactions value $
-$69,959
Form type
4
Date filed
6/1/2023, 08:56 AM
Previous filing
Dec 13, 2022
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction AMCX Class A Common Stock Options Exercise $0 +7.28K $0.00 7.28K Mar 9, 2023 Direct F1, F2, F3
transaction AMCX Class A Common Stock Tax liability -$70K -3.6K -49.41% $19.46 3.68K Mar 9, 2023 Direct F2, F3, F4
holding AMCX Class A Common Stock 171K Mar 9, 2023 By CFD Revocable Trust F5, 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 -7.28K -100% 0 Mar 9, 2023 Class A Common Stock 7.28K Direct F1, F2, F3, F7

Explanation of Responses:

Id Content
F1 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.
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 RSUs exempt under Rule 16b-3.
F5 Charles F. Dolan is a co-trustee and beneficiary of the Charles F. Dolan 2009 Revocable Trust.
F6 50,647 shares of Class A Common Stock previously held by Charles F. Dolan personally were transferred to the Charles F. Dolan Revocable Trust.
F7 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. One-third of the RSUs vested and were settled on March 9, 2023.