Scott D. Felenstein - 27 Feb 2023 Form 4 Insider Report for National CineMedia, Inc. (NCMI)

Role: President - Sales & Marketing
Signature: /s/ Laura Anne Kenwick, as attorney-in-fact
Issuer symbol: NCMI
Transactions as of: 27 Feb 2023
Net transactions value: -$4,760
Form type: 4
Filing time: 01 Mar 2023, 15:14:17 UTC
Previous filing: 27 Feb 2023
Next filing: 05 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NCMI	Common Stock	Tax liability	$3,010	-13,300	-5.9%	$0.2263	212,336	27 Feb 2023	Direct	F1
transaction	NCMI	Common Stock	Options Exercise	$0	+15,890	+7.5%	$0.000000	228,226	28 Feb 2023	Direct	F2
transaction	NCMI	Common Stock	Sale	$1,750	-7,911	-3.5%	$0.2212	220,315	28 Feb 2023	Direct	F3

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	NCMI	Restricted Stock Units	Options Exercise	$0	-15,890	-100%	$0.000000^*	0	28 Feb 2023	Common Stock	15,890		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
F2	Represents acquisition of common stock upon vesting of restricted stock units.
F3	Represents sale of securities on the open market to satisfy tax obligations upon the vesting of restricted stock units pursuant to the terms of the award agreement.
F4	Each restricted stock unit represents the right to receive one share of the Issuer's common stock.