Antara Capital LP - 28 Jun 2023 Form 4 Insider Report for AMC ENTERTAINMENT HOLDINGS, INC. (AMC)

Reporting relationship: 10%+ Owner
Issuer ticker: AMC
Reported as of: 28 Jun 2023
Net transaction value: -$13,784,900
SEC form: 4
Accepted by SEC: 29 Jun 2023, 06:01:08 UTC
Prior SEC filing: 28 Jun 2023
Source filing: View source filing
Reporting owner signature: Antara Capital Master Fund LP By: Antara Capital LP, not in its individual corporate capacity, but solely as Investment Advisor and agent By: Antara Capital GP LLC, its general partner By: /s/ Himanshu Gulati Name:...

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Antara Capital Master Fund LP By: Antara Capital LP, not in its individual corporate capacity, but solely as Investment Advisor and agent By: Antara Capital GP LLC, its general partner By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Managing Member

Key filing fact

Antara Capital LP filed Form 4 for AMC ENTERTAINMENT HOLDINGS, INC. (AMC) on 29 Jun 2023.

Key facts

This page summarizes Antara Capital LP's Form 4 filing for AMC ENTERTAINMENT HOLDINGS, INC. (AMC).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 29 Jun 2023, 06:01.

Change

Previous filing in this sequence was filed on 28 Jun 2023.
Current net transaction value: -$13,784,900.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AMC transaction

AMC Preferred Equity Units

Sale

Transaction value: $2,281,580
Shares: -1,326,500
Change %: -1.3%
Price: $1.72
Shares after: 100,578,806
Date: 28 Jun 2023
Ownership: See Footnotes
Footnotes: F1, F2, F3, F4

AMC transaction

AMC Preferred Equity Units

Sale

Transaction value: $11,533,737
Shares: -6,666,900
Change %: -6.6%
Price: $1.73
Shares after: 93,911,906
Date: 28 Jun 2023
Ownership: See Footnotes
Footnotes: F1, F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMC transaction Derivative

Put Option (right to sell)

Purchase

Transaction value: $13,330
Shares: +7,284
Change %: +13%
Price: $1.83
Shares after: 61,264
Date: 28 Jun 2023
Ownership: See Footnotes
Underlying class: Class A Common Stock
Underlying amount: 728,400
Exercise price: $4.00
Footnotes: F1, F2, F3, F4

AMC transaction Derivative

Put Option (right to sell)

Purchase

Transaction value: $12,383
Shares: +7,284
Change %: +16%
Price: $1.70
Shares after: 52,014
Date: 28 Jun 2023
Ownership: See Footnotes
Underlying class: Class A Common Stock
Underlying amount: 728,400
Exercise price: $4.00
Footnotes: F1, F2, F3, F4

AMC transaction Derivative

Put Option (right to sell)

Purchase

Transaction value: $4,704
Shares: +5,227
Change %: +218%
Price: $0.9000^*
Shares after: 7,621
Date: 28 Jun 2023
Ownership: See Footnotes
Underlying class: Class A Common Stock
Underlying amount: 522,700
Exercise price: $3.50
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Antara Capital LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

This Form 4 is being filed on behalf of (i) Antara Capital Master Fund LP, a Cayman Islands exempted limited partnership ("Antara Master Fund"), (ii) Antara Capital LP, a Delaware limited partnership ("Antara Capital"), (iii) Antara Capital GP LLC, a Delaware limited liability company ("Antara GP"), (iv) Antara Capital Fund GP LLC, a Delaware limited liability company ("Antara Fund GP") and (v) Himanshu Gulati (collectively, the "Reporting Persons").

Footnote F2

Antara Capital serves as the investment manager of Antara Master Fund. Antara Fund GP is the general partner of Antara Master Fund and Antara GP is the general partner of Antara Capital. Himanshu Gulati is the sole member of Antara Fund GP and Antara GP. Each of Antara Capital, Antara GP, Antara Fund GP and Himanshu Gulati may be deemed to indirectly beneficially own the securities held directly by Antara Master Fund and each disclaims beneficial ownership of all such securities except to the extent of any indirect pecuniary interest therein.

Footnote F3

The securities are held directly by Antara Master Fund.

Footnote F4

This report shall not be deemed an admission that the Reporting Persons or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.