Kristin A. Dolan - 27 Feb 2024 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Signature
/s/ Kristin A. Dolan
Issuer symbol
AMCX
Transactions as of
27 Feb 2024
Net transactions value
-$494,064
Form type
4
Filing time
29 Feb 2024, 16:50:37 UTC
Previous filing
08 Jan 2024
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCX Class A Common Stock Options Exercise $0 +99,109 +1327% $0.000000 106,580 27 Feb 2024 Direct F1, F2, F3
transaction AMCX Class A Common Stock Tax liability $494,064 -38,811 -36% $12.73 67,769 27 Feb 2024 Direct F2, F3, F4
holding AMCX Class A Common Stock 1,925 27 Feb 2024 By Minor Children F5

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 -99,109 -33% 198,216 27 Feb 2024 Class A Common Stock 99,109 Direct F1, F3, F6
* 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 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 Includes shares held jointly with spouse.
F3 Securities held directly by Kristin A. Dolan, James L. Dolan's spouse. Mr. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that Mr. Dolan 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 Securities held by Kristin A. Dolan's husband, James L. Dolan, as custodian for the Reporting Persons' minor children. Reporting Persons disclaim beneficial ownership of all securities beneficially owned and deemed to be beneficially owned by their minor children and this report shall not be deemed an admission that Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.
F6 One-third of the RSUs vested and were settled on February 27, 2024, one-third of the RSUs will vest on February 27, 2025, and one-third of the RSUs will vest on February 27, 2026.