Michael J. Sherin III - Mar 9, 2023 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Role
EVP & Chief Accounting Officer
Signature
/s/ Anne G. Kelly, attorney-in-fact for Michael J. Sherin III
Stock symbol
AMCX
Transactions as of
Mar 9, 2023
Transactions value $
-$32,362
Form type
4
Date filed
3/15/2023, 05:11 PM
Previous filing
Mar 11, 2022
Next filing
Apr 17, 2023

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 +1.82K +79.02% 4.12K Mar 9, 2023 Direct F1
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$13.9K -714 -17.33% $19.46 3.41K Mar 9, 2023 Direct F2
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +143 +4.2% 3.55K Mar 9, 2023 Direct F3
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$1.09K -56 -1.58% $19.46 3.49K Mar 9, 2023 Direct F4
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +890 +25.47% 4.38K Mar 9, 2023 Direct F5
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$6.79K -349 -7.96% $19.46 4.04K Mar 9, 2023 Direct F6
transaction AMCX AMC Networks Inc. Class A Common Stock Options Exercise +1.39K +34.35% 5.42K Mar 9, 2023 Direct F7
transaction AMCX AMC Networks Inc. Class A Common Stock Tax liability -$10.6K -544 -10.04% $19.46 4.88K Mar 9, 2023 Direct F8

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 -1.82K -100% 0 Mar 9, 2023 AMC Networks Inc. Class A Common Stock 1.82K Direct F1
transaction AMCX Restricted Stock Units Options Exercise -143 -49.83% 144 Mar 9, 2023 AMC Networks Inc. Class A Common Stock 143 Direct F3
transaction AMCX Restricted Stock Units Options Exercise -890 -50% 890 Mar 9, 2023 AMC Networks Inc. Class A Common Stock 890 Direct F5
transaction AMCX Restricted Stock Units Options Exercise -1.39K -33.33% 2.77K Mar 9, 2023 AMC Networks Inc. Class A Common Stock 1.39K Direct F7
* 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 March 8, 2020 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, and one-third of the RSUs vested and were settled on March 9, 2021. The remaining two-thirds of the RSUs vest as follows: The remaining one-third of the RSUs vested and were settled on March 9, 2023.
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 October 15, 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, and one-third of the RSUs vested and were settled on March 9, 2023. The remaining one-third of the RSUs will vest on March 9, 2024.
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 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 9, 2022, and one-third of the RSUs vested and were settled on March 9, 2023. The remaining one-third of the RSUs will vest on March 9, 2024.
F6 Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 5 above, exempt under Rule 16b-3.
F7 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. One-third of the RSUs vested and were settled on March 9, 2023. The remaining RSUs vest as follows: one-third on March 9, 2024 and one-third on March 9, 2025.
F8 Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 7 above, exempt under Rule 16b-3.