AMC Networks Inc. — Director's Dealing 2012

Dec 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMC Networks Inc. (AMCX)
CIK: 0001514991
Period of Report: 2012-12-17

Reporting Person: DOLAN CHARLES F (Director, Executive Chairman, 10% Owner, Member of 13(d) Group)
Reporting Person: DOLAN HELEN A (Member of 13(d) Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-17	Class A Common Stock	M	40000	$8.95	Acquired	116868	Direct
2012-12-17	Class A Common Stock	S	40000	$50.929	Disposed	76868	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-17	Options (rights to Buy)	$8.95	M	40000	Disposed	2014-09-05	Class A Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1726	Indirect

Footnotes

F1: Includes restricted shares.

F2: Securities held directly by Mr. Charles F. Dolan and indirectly by his spouse, Ms. Helen A. Dolan.

F3: Charles F. Dolan is the sole trustee and beneficiary of the Charles F. Dolan 2009 Revocable Trust.

F4: Helen A. 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.

F5: Exercise of options under the Company's Employee Stock Plan, exempt under Rule 16b-3.

F6: 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.

F7: This transaction was executed in multiple trades at prices ranging from $50.57 to $51.19 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.

F8: Options vested in three equal annual installments beginning on the date indicated.