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AMC Networks Inc. Director's Dealing 2011

Jul 19, 2011

33121_dirs_2011-07-19_585758f7-7f40-44b9-a5c5-f28bc2450dbf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMC Networks Inc. (AMCX)
CIK: 0001514991
Period of Report: 2011-07-18

Reporting Person: Gallagher James (EVP and GC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-07-18 AMC Networks Inc. Class A Common Stock J 4597 Acquired 13372 Direct

Footnotes

F1: Reflects acquisition of replacement restricted shares of Class A Common Stock previously owned directly by Cablevision Systems Corporation ("Cablevision") and its subsidiaries and received by the Reporting Person 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. The number of shares represents a value equal to the value of Cablevision restricted shares covered by the cancelled Cablevision award. The value of the AMC Class A Common Stock and Cablevision NY Group Class A Common Stock was based upon the average of the volume weighted average prices of the Cablevision NY Group Class A Common Stock and AMC Class A Common Stock, respectively, for each trading day in the ten trading-day period immediately following the Spin-off.

F2: Includes transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Reporting Person in connection with the Spin-off in a transaction exempt under Rule 16a-9. Includes shares of restricted stock.