Kristin A. Dolan - Feb 27, 2024 Form 4 Insider Report for AMC Networks Inc. (AMCX)

Signature
/s/ Kristin A. Dolan
Stock symbol
AMCX
Transactions as of
Feb 27, 2024
Transactions value $
-$494,064
Form type
4
Date filed
2/29/2024, 04:50 PM
Previous filing
Jan 8, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCX Class A Common Stock Options Exercise $0 +99.1K +1326.58% $0.00 107K Feb 27, 2024 Direct F1, F2, F3
transaction AMCX Class A Common Stock Tax liability -$494K -38.8K -36.41% $12.73 67.8K Feb 27, 2024 Direct F2, F3, F4
holding AMCX Class A Common Stock 1.93K Feb 27, 2024 By Minor Children F5

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 -99.1K -33.33% 198K Feb 27, 2024 Class A Common Stock 99.1K Direct F1, F3, F6
* 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 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.
F2 Includes shares held jointly with spouse.
F3 Securities held directly by Kristin A. Dolan, James L. Dolan's spouse. Mr. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F4 Securities withheld to pay withholding taxes on vested RSUs exempt under Rule 16b-3.
F5 Securities held by Kristin A. Dolan's husband, James L. Dolan, as custodian for the Reporting Persons' minor children. Reporting Persons disclaim beneficial ownership of all securities beneficially owned and deemed to be beneficially owned by their minor children and this report shall not be deemed an admission that Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.
F6 One-third of the RSUs vested and were settled on February 27, 2024, one-third of the RSUs will vest on February 27, 2025, and one-third of the RSUs will vest on February 27, 2026.