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 PATRICK FRANCIS (Director, 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)	$9.14	J	1500	Acquired	2014-10-01	AMC Networks Inc. Class A Common Stock (1500)	Direct
2011-07-15	Options (Right to Buy)	$13.55	J	1500	Acquired	2015-11-08	AMC Networks Inc. Class A Common Stock (1500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
AMC Networks Inc. Class A Common Stock	37476	Direct
AMC Networks Inc. Class A Common Stock	800	Indirect
AMC Networks Inc. Class A Common Stock	800	Indirect
AMC Networks Inc. Class A Common Stock	175	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: Includes shares held as tenants?in?common with spouse.

F4: Reporting Person disclaims beneficial ownership of all securities beneficially owned by his spouse and this filing shall not be deemed an admisstion that he is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

F5: Reporting Person disclaims beneficial ownership of all securities beneficially owned by his children and this filing shall not be deemed an admission that he is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

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.