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 JAMES LAWRENCE (Director, Member of 13(d) Group)
Reporting Person: Dolan Kristin A (Director)

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)	$9.14	J	30000	Acquired	2014-10-01	AMC Networks Inc. Class A Common Stock (30000)	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	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	225775	Acquired	2014-09-05	AMC Networks Inc. Class A Common Stock (225775)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
AMC Networks Inc. Class A Common Stock	239923	Direct
AMC Networks Inc. Class A Common Stock	8303	Indirect
AMC Networks Inc. Class A Common Stock	2825	Indirect
AMC Networks Inc. Class A Common Stock	800	Indirect
AMC Networks Inc. Class A Common Stock	406.37	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: Shares held by Mr. Dolan including shares held jointly by the Reporting Persons.

F4: Ms. Dolan disclaims beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned 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.

F5: Securities held by Ms. Dolan. Mr. Dolan disclaims beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned 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.

F6: Includes shares of restricted stock.

F7: Shares of Class A Common Stock held by the Reporting Persons' minor children and held by Mr. Dolan as custodian. The Reporting Persons disclaim beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned by their children and this filing shall not be deemed an admission that the Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.

F8: Shares of Class A Common Stock held by the Reporting Persons' son. The Reporting Persons disclaim beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned by their son and this filing shall not be deemed an admission that the Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.

F9: 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 in a transaction exempt under Rule 16a-9. The underlying share amount takes into account the distribution ratio of four Cablevision shares of common stock to one share of AMC common stock.

F10: Represents options to purchase Class A Common Stock received by Mr. Dolan 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.

F11: The options are fully exercisable and vested as of the date of this filing.

F12: Options held by Mr. Dolan. Ms. Dolan disclaims beneficial ownership of all options of AMC beneficially owned or deemed to be beneficially owned by her spouse 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.

F13: Two-thirds of the options are fully vested and exercisable as of the date of this filing. The remaining one-third of the options will vest on March 5, 2012.