| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AMC | Restricted Stock Units | Award | $0 | +22.1K | $0.00 | 22.1K | Aug 19, 2022 | AMC Preferred Equity Units | 22.1K | $0.00 | Direct | F1, F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Each AMC Preferred Equity Unit ("APEU") is a depositary share and represents an interest in one one-hundredth (1/100th) of a share of the Issuer's Series A Convertible Participating Preferred Stock. Each APEU is designed to have the same economic and voting rights as a share of the Issuer's Class A Common Stock ("Common Stock") and trades on the NYSE under the symbol "APE". Each APEU is automatically convertible into one (1) share of Common Stock upon an approval by the Issuer's stockholders to authorize sufficient additional shares of Common Stock to permit the conversion of the then-outstanding APEUs. The APEUs have no expiration date. The APEUs were originally distributed as a dividend on outstanding Common Stock with each holder receiving one (1) APEU for each share of Common Stock held (the "Dividend"). |
| F2 | Each restricted stock unit ("RSU") represents the right to receive one APEU within 30 days following vesting. The RSUs were originally granted under the Issuer's 2013 Equity Incentive Plan ("EIP") on March 7, 2022, and one-third (1/3) of the total grant will vest in each of January 2023, 2024, and 2025, subject to continued employment. |
| F3 | The Compensation Committee of the Board of Directors of the Issuer approved an equitable adjustment of awards outstanding under the EIP effective August 19, 2022, in connection with the Dividend. As a result, each previously reported RSU award was modified to provide for issuance of one (1) APEU in addition to one (1) share of Common Stock upon vesting. |
| F4 | Does not include APEUs and Common Stock issuable upon future vesting of equity grants, including 22,139 shares of Common Stock issuable based upon continued service and 22,139 shares of Common Stock and 22,139 APEUs issuable upon attainment of performance goals at target, which, when combined with the ownership reported above, would represent a total of 88,556 equity interests. |