Ronnie Y. Ng - 23 Feb 2024 Form 4 Insider Report for National CineMedia, Inc. (NCMI)

Role
Chief Financial Officer
Signature
/s/ Laura Anne Kenwick, as-attorney-in-fact
Issuer symbol
NCMI
Transactions as of
23 Feb 2024
Net transactions value
-$19,538
Form type
4
Filing time
27 Feb 2024, 18:48:29 UTC
Previous filing
13 Feb 2024
Next filing
01 Oct 2024
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 +8,942 +212% $0.000000 13,152 23 Feb 2024 Direct F1
transaction NCMI Common Stock Sale $14,111 -3,422 -26% $4.12 9,730 23 Feb 2024 Direct F2
transaction NCMI Common Stock Options Exercise $0 +3,333 +34% $0.000000 13,063 26 Feb 2024 Direct F1
transaction NCMI Common Stock Sale $5,428 -1,275 -9.8% $4.26 11,788 26 Feb 2024 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 -6,060 -100% $0.000000* 0 23 Feb 2024 Common Stock 6,060 Direct F3
transaction NCMI Restricted Stock Units Options Exercise $0 -2,882 -100% $0.000000* 0 23 Feb 2024 Common Stock 2,882 Direct F3, F4
transaction NCMI Restricted Stock Units Options Exercise $0 -1,100 -100% $0.000000* 0 26 Feb 2024 Common Stock 1,100 Direct F3
transaction NCMI Restricted Stock Units Options Exercise $0 -2,233 -100% $0.000000* 0 26 Feb 2024 Common Stock 2,233 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 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.
F3 Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
F4 Represents shares of performance based restricted stock units granted to the filing person on February 23, 2022. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2022 and 2023 adjusted free cash flow performance versus pre-established targets. The vested units represent the amount achieved.
F5 Represents shares of performance based restricted stock units granted to the filing person on September 27, 2021. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2023 adjusted free cash flow performance versus pre-established targets. The vested units represent the amount achieved.

Remarks:

All holdings herein have been adjusted to reflect the Company's 1-for-10 reverse stock split effected on August 3, 2023.