Standard General L.P. - Sep 7, 2022 Form 4 Insider Report for National CineMedia, Inc. (NCMI)

Role: 10%+ Owner
Signature: /s/ Standard General L.P. by Soohyung Kim, Chief Executive Officer
Stock symbol: NCMI
Transactions as of: Sep 7, 2022
Transactions value $: -$4,065,201
Form type: 4
Date filed: 9/9/2022, 04:00 PM
Previous filing: Jul 29, 2022
Next filing: Dec 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NCMI	Common Stock, par value $0.01 ("Common Stock")	Sale	-$4.07M	-4.52M	-25.89%	$0.90	12.9M	Sep 7, 2022	See Footnotes	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	The securities reported herein are beneficially owned by Standard General L.P. ("Standard General"). Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein.
F2	Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F3	This Form 4 does not report any pecuniary interest of David Glazek in securities of the Issuer. Mr. Glazek, a director of the Issuer and a partner of Standard General, separately files reports under Section 16.