Thomas F. Lesinski - 29 Jul 2023 Form 4 Insider Report for National CineMedia, Inc. (NCMI)

Role: Chief Executive Officer, Director
Signature: /s/ Laura Anne Kenwick, as attorney-in-fact
Issuer symbol: NCMI
Transactions as of: 29 Jul 2023
Net transactions value: -$15,551
Form type: 4
Filing time: 01 Aug 2023, 16:25:12 UTC
Previous filing: 01 Mar 2023
Next filing: 03 Aug 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	Options Exercise	$0	+92,251	+28%	$0.000000	423,364	29 Jul 2023	Direct	F1
transaction	NCMI	Common Stock	Tax liability	$15,551	-45,739	-11%	$0.3400	377,625	29 Jul 2023	Direct	F2

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	-92,251	-100%	$0.000000^*	0	29 Jul 2023	Common Stock	92,251		Direct	F3
transaction	NCMI	Employee stock option (right to buy)	Award	$0	+250,000		$0.000000	250,000	31 Jul 2023	Common Stock	250,000	$3.50	Direct	F4
transaction	NCMI	Restricted Stock Units	Award	$0	+2,236,802		$0.000000	2,236,802	31 Jul 2023	Common Stock	2,236,802		Direct	F3, F5

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

Explanation of Responses:

Id	Content
F1	Represents acquisition of common stock upon vesting of restricted stock units.
F2	Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock units.
F3	Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
F4	The options vest in three equal annual installments beginning July 31, 2024.
F5	The restricted stock units will vest in three equal annual installments beginning July 31, 2024.