AMC Networks Inc. — Director's Dealing 2011

Jul 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMC Networks Inc. (AMCX)
CIK: 0001514991
Period of Report: 2011-07-15

Reporting Person: DOLAN CHARLES F (Director, Executive Chairman, Member of 13(d) Group)
Reporting Person: DOLAN HELEN A (Member of 13(d) Group)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-15	Options (Right to Buy)	$9.42	J	41666	Acquired	2013-06-25	AMC Networks Inc. Class A Common Stock (41666)	Direct
2011-07-15	Options (Right to Buy)	$8.11	J	20833	Acquired	2013-06-25	AMC Networks Inc. Class A Common Stock (20833)	Direct
2011-07-15	Options (Right to Buy)	$13.55	J	30000	Acquired	2015-11-08	AMC Networks Inc. Class A Common Stock (30000)	Direct
2011-07-15	Options (Right to Buy)	$13.55	J	37200	Acquired	2014-10-01	AMC Networks Inc. Class A Common Stock (37200)	Direct
2011-07-15	Options (Right to Buy)	$13.55	J	18600	Acquired	2014-10-01	AMC Networks Inc. Class A Common Stock (18600)	Direct
2011-07-15	Options (Right to Buy)	$13.55	J	15000	Acquired	2015-11-08	AMC Networks Inc. Class A Common Stock (15000)	Direct
2011-07-15	Options (Right to Buy)	$17.91	J	66000	Acquired	2016-06-05	AMC Networks Inc. Class A Common Stock (66000)	Direct
2011-07-15	Options (Right to Buy)	$8.95	J	221225	Acquired	2014-09-05	AMC Networks Inc. Class A Common Stock (221225)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
AMC Networks Inc. Class A Common Stock	108592	Direct
AMC Networks Inc. Class A Common Stock	79771	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
AMC Networks Inc. Class B Common Stock	$0		AMC Networks Inc. Class A Common Stock (225298)	225298	Direct
AMC Networks Inc. Class B Common Stock	$0		AMC Networks Inc. Class A Common Stock (450000)	450000	Indirect
AMC Networks Inc. Class B Common Stock	$0		AMC Networks Inc. Class A Common Stock (626577)	626577	Indirect
AMC Networks Inc. Class B Common Stock	$0		AMC Networks Inc. Class A Common Stock (2363456)	2363456	Indirect
AMC Networks Inc. Class B Common Stock	$0		AMC Networks Inc. Class A Common Stock (1418073)	1418073	Indirect
AMC Networks Inc. Class B Common Stock	$0		AMC Networks Inc. Class A Common Stock (81926)	81926	Indirect

Footnotes

F1: Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision Systems Corporation ("Cablevision") and its subsidiaries and received in connection with the legal and structural separation of AMC Networks Inc. ("AMC") from Cablevision (the "Spin?off") in a transaction exempt under Rule 16a?9 and Rule 16a?13.

F2: Includes shares of restricted stock.

F3: Ms. Dolan disclaims beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned directly or indirectly by her spouse (other than securities in which she has a direct pecuniary interest) and this filing shall not be deemed an admission that Ms. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

F4: Securities held directly by Mr. Dolan

F5: Securities held by the Charles F. Dolan 2009 Revocable Trust.

F6: The exercise price was determined by allocating the exercise price for the option under the Cablevision equity plan between the existing Cablevision option and the AMC option based upon the average of the volume weighted average prices of the Cablevision NY Group Class A Common Stock and the AMC Class A Common Stock for each trading day in the ten trading-day period immediately following the Spin?off. The underlying share amount takes into account the distribution ratio of four Cablevision shares of common stock to one share of AMC common stock.

F7: Represents options to purchase Class A Common Stock received by the Reporting Person in connection with the Spin?off, and granted pursuant to the AMC 2011 Employee Stock Plan, in a transaction exempt under Rules 16a?9 or 16b?6 and 16b?3.

F8: The options are fully exercisable and vested as of the date of this filing.

F9: Two-thirds of the options are fully exercisable and vested as of the date of this filing. The remaining one-third will vest on March 5, 2012.

F10: Class B Common Stock of the Issuer is convertible at the option of the holder share for share into Class A Common Stock of the Issuer.

F11: Reflects transfer of shares of Class B Common Stock previously owned directly by Cablevision and its subsidiaries and received in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13.

F12: Securities held directly by Ms. Dolan.

F13: Mr. Dolan disclaims beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned directly or indirectly by his spouse (other than securities in which he has a direct pecuniary interest) and this filing shall not be deemed an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

F14: Shares of Class B Common Stock held directly by the Charles F. Dolan 2011 Grantor Retained Annuity Trust #1C.

F15: Shares of Class B Common Stock held directly by the Helen A. Dolan 2011 Grantor Retained Annuity Trust #1C.

F16: Shares of Class B Common Stock held directly by the Helen A. Dolan 2009 Revocable Trust.