AMC Networks Inc. — Director's Dealing 2012

Dec 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMC Networks Inc. (AMCX)
CIK: 0001514991
Period of Report: 2012-12-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-20	Class A Common Stock	M	32819	$8.95	Acquired	125069	Direct
2012-12-20	Class A Common Stock	S	32819	$49.5494	Disposed	92250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-20	Options (Right to Buy)	$8.95	M	32819	Disposed	2014-09-05	Class A Common Stock (32819)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	7490	Indirect
Class A Common Stock	4225	Indirect
Class A Common Stock	1150	Indirect
Class A Common Stock	405	Indirect

Footnotes

F1: Includes restricted shares.

F2: Includes shares held jointly with spouse.

F3: Securities held directly by Mr. James L. Dolan and indirectly by his spouse, Ms. Kristin A. Dolan. Ms. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

F4: Securities held directly, or indirectly through a 401(k) plan, by Mr. Dolan's spouse, Ms. Kristin A. Dolan. Mr. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that he is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

F5: Securities held by James L. Dolan as custodian for the Reporting Persons' minor children.

F6: Securities held by the Reporting Persons' son.

F7: Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that either is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

F8: Exercise of options under the Company's Employee Stock Plan, exempt under Rule 16b-3.

F9: Ms. Dolan disclaims beneficial ownership of all options beneficially owned or deemed to be beneficially owned by her spouse and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

F10: Options vested in three equal annual installments beginning on the date indicated.

F11: This transaction was executed in multiple trades at prices ranging from $49.20 to $50.11 per share. The price reported above reflects the weighted average sale price. Mr. Dolan hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.