Thomas F. Lesinski - Jul 29, 2023 Form 4 Insider Report for National CineMedia, Inc. (NCMI)

Signature
/s/ Laura Anne Kenwick, as attorney-in-fact
Stock symbol
NCMI
Transactions as of
Jul 29, 2023
Transactions value $
-$15,551
Form type
4
Date filed
8/1/2023, 04:25 PM
Previous filing
Mar 1, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCMI Common Stock Options Exercise $0 +92.3K +27.86% $0.00 423K Jul 29, 2023 Direct F1
transaction NCMI Common Stock Tax liability -$15.6K -45.7K -10.8% $0.34* 378K Jul 29, 2023 Direct F2

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 NCMI Restricted Stock Units Options Exercise $0 -92.3K -100% $0.00* 0 Jul 29, 2023 Common Stock 92.3K Direct F3
transaction NCMI Employee stock option (right to buy) Award $0 +250K $0.00 250K Jul 31, 2023 Common Stock 250K $3.50 Direct F4
transaction NCMI Restricted Stock Units Award $0 +2.24M $0.00 2.24M Jul 31, 2023 Common Stock 2.24M Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents acquisition of common stock upon vesting of restricted stock units.
F2 Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock units.
F3 Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
F4 The options vest in three equal annual installments beginning July 31, 2024.
F5 The restricted stock units will vest in three equal annual installments beginning July 31, 2024.