Christina Spade - Mar 9, 2022 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Role
COO and CFO
Signature
/s/ Anne G. Kelly, Attorney-in-Fact for Christina Spade
Stock symbol
AMCX
Transactions as of
Mar 9, 2022
Transactions value $
-$163,921
Form type
4
Date filed
3/11/2022, 03:22 PM
Previous filing
Nov 23, 2021
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise $0 +2.81K $0.00 2.81K Mar 9, 2022 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$39.3K -1.01K -35.96% $38.89 1.8K Mar 9, 2022 Direct F2
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise $0 +8.89K +494.33% $0.00 10.7K Mar 9, 2022 Direct F3
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$125K -3.21K -29.98% $38.89 7.49K Mar 9, 2022 Direct F4

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 AMCX Restricted Stock Units Options Exercise -2.81K -33.33% 5.62K Mar 9, 2022 AMC Networks Inc. Class A Common Stock 2.81K Direct F1
transaction AMCX Restricted Stock Units Options Exercise -8.89K -33.33% 17.8K Mar 9, 2022 AMC Networks Inc. Class A Common Stock 8.89K Direct F3
transaction AMCX Restricted Stock Units Award +45.9K 45.9K Mar 10, 2022 AMC Networks Inc. Class A Common Stock 45.9K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") was granted on November 19, 2021 under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 9, 2022. The remaining two-thirds of the RSUs will vest as follows: one- third on March 9, 2023 and one-third on March 9, 2024, subject to the achievement of certain performance measures.
F2 Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.
F3 Each RSU was granted on March 12, 2021 under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 12, 2021 and one-third of the RSUs vested and were settled on March 9, 2022. The remaining one-third of the RSUs will vest on March 9, 2023 subject to the achievement of certain performance measures.
F4 Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 3 above, exempt under Rule 16b-3.
F5 Each RSU was granted on March 10, 2022 under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest as follows: one-third of the RSUs will vest on March 9, 2023, one-third on March 9, 2024 and one-third on March 9, 2025 subject to the achievement of certain performance measures.