AMC Networks Inc. — Director's Dealing 2011

Aug 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMC Networks Inc. (AMCX)
CIK: 0001514991
Period of Report: 2011-08-11

Reporting Person: Luxor Capital Group, LP (10% Owner)
Reporting Person: Luxor Capital Partners, LP (10% Owner)
Reporting Person: LUXOR SPECTRUM LLC (10% Owner)
Reporting Person: Luxor Wavefront, LP (10% Owner)
Reporting Person: LUXOR CAPITAL PARTNERS OFFSHORE LTD (10% Owner)
Reporting Person: LUXOR SPECTRUM OFFSHORE LTD (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-11	Common Stock	S	5147	$33.8438	Disposed	1910094	Direct
2011-08-11	Common Stock	S	8047	$33.8438	Disposed	2957059	Direct
2011-08-11	Common Stock	S	93	$33.8438	Disposed	35486	Direct
2011-08-11	Common Stock	S	1084	$33.8438	Disposed	401252	Direct
2011-08-11	Common Stock	S	1864	$33.8438	Disposed	684147	Direct
2011-08-11	Common Stock	S	1209	$33.8438	Disposed	445556	Indirect
2011-08-11	Common Stock	S	55183	$32.3501	Disposed	1854911	Direct
2011-08-11	Common Stock	S	86262	$32.3501	Disposed	2870797	Direct
2011-08-11	Common Stock	S	1001	$32.3501	Disposed	34485	Direct
2011-08-11	Common Stock	S	11624	$32.3501	Disposed	389628	Direct
2011-08-11	Common Stock	S	19990	$32.3501	Disposed	64157	Direct
2011-08-11	Common Stock	S	12940	$32.3501	Disposed	432616	Indirect
2011-08-11	Common Stock	S	6353	$34.1753	Disposed	1848558	Direct
2011-08-11	Common Stock	S	9931	$34.1753	Disposed	2860866	Direct
2011-08-11	Common Stock	S	117	$34.1753	Disposed	34368	Direct
2011-08-11	Common Stock	S	1338	$34.1753	Disposed	388290	Direct
2011-08-11	Common Stock	S	2301	$34.1753	Disposed	661856	Direct
2011-08-11	Common Stock	S	1489	$34.1753	Disposed	431127	Indirect
2011-08-11	Common Stock	S	6785	$33.7271	Disposed	1841773	Direct
2011-08-11	Common Stock	S	10604	$33.7271	Disposed	2850262	Direct
2011-08-11	Common Stock	S	123	$33.7271	Disposed	34245	Direct
2011-08-11	Common Stock	S	1428	$33.7271	Disposed	386862	Direct
2011-08-11	Common Stock	S	2460	$33.7271	Disposed	659396	Direct
2011-08-11	Common Stock	S	1588	$33.7271	Disposed	429539	Indirect
2011-08-11	Common Stock	S	2514	$34.2439	Disposed	1839259	Direct
2011-08-11	Common Stock	S	3930	$34.2439	Disposed	2846332	Direct
2011-08-11	Common Stock	S	45	$34.2439	Disposed	34200	Direct
2011-08-11	Common Stock	S	529	$34.2439	Disposed	386333	Direct
2011-08-11	Common Stock	S	910	$34.2439	Disposed	658486	Direct
2011-08-11	Common Stock	S	588	$34.2439	Disposed	428951	Indirect

Footnotes

F1: Reflects the securities of the issuer owned directly by Luxor Capital Partners, LP (the "Onshore Fund").

F2: Reflects the securities of the issuer owned directly by Luxor Capital Partners Offshore Master Fund, LP (the "Offshore Master Fund"). The Offshore Master Fund is a subsidiary of Luxor Capital Partners Offshore, Ltd. (the "Offshore Feeder Fund").

F3: Reflects the securities of the issuer owned directly by Luxor Spectrum, LLC (the "Spectrum Onshore Fund").

F4: Reflects the securities of the issuer owned directly by Luxor Spectrum Offshore Master Fund, LP (the "Spectrum Offshore Master Fund"). The Spectrum Offshore Master Fund is a subsidiary of Luxor Spectrum Offshore, Ltd.(the "Spectrum Offshore Feeder Fund").

F5: Reflects the securities of the issuer owned directly by Luxor Wavefront, LP (the "Wavefront Fund").

F6: Reflects the securities of the issuer held in accounts managed separately (the "Separately Managed Accounts") by Luxor Capital Group, LP ("Luxor Capital Group").

F7: Luxor Capital Group acts as the investment manager of the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund, the Offshore Feeder Fund, the Spectrum Offshore Master Fund and the Spectrum Offshore Feeder Fund (collectively, the "Luxor Funds") and the Separately Managed Accounts. Luxor Management, LLC ("Luxor Management") is the general partner of Luxor Capital Group. Mr. Leone is the managing member of Luxor Management. LCG Holdings, LLC ("LCG Holdings") is the general partner of the Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Offshore Spectrum Master Fund and the managing member of the Spectrum Onshore Fund. Mr. Leone is the managing member of LCG Holdings.

F8: Luxor Capital Group, Luxor Management and Mr. Leone may each be deemed to indirectly beneficially own the shares of common stock held by the Luxor Funds and the Separately Managed Accounts. LCG Holdings may be deemed to indirectly beneficially own the shares of common stock held by the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Spectrum Offshore Master Fund. For purposes of this Form 4, Luxor Capital Group, Luxor Management, LCG Holdings and Mr. Leone each disclaims beneficial ownership of the shares of common stock owned by the Luxor Funds and the Separately Managed Accounts, except to the extent of their or his pecuniary interest therein.