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AMC Networks Inc. — Director's Dealing 2017
Mar 8, 2017
33121_dirs_2017-03-08_72ed3997-f985-4ceb-be19-5b08494ac08e.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: 2017-03-06
Reporting Person: Sapan Joshua W (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-06 | AMC Networks Inc. Class A Common Stock | M | 26398 | — | Acquired | 171537 | Direct |
| 2017-03-06 | AMC Networks Inc. Class A Common Stock | F | 14735 | $60.28 | Disposed | 156802 | Direct |
| 2017-03-07 | AMC Networks Inc. Class A Common Stock | M | 74339 | — | Acquired | 231141 | Direct |
| 2017-03-07 | AMC Networks Inc. Class A Common Stock | F | 41496 | $59.45 | Disposed | 189645 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-06 | Restricted Stock Units | $ | M | 26398 | Disposed | 2019-03-04 | AMC Networks Inc. Class A Common Stock (26398) | Direct |
| 2017-03-07 | Restricted Stock Units | $ | M | 74339 | Disposed | 2017-03-07 | AMC Networks Inc. Class A Common Stock (74339) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") was granted on March 4, 2016 under the AMC Networks Inc. 2011 Amended and Restated Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 6, 2017. The remaining two-thirds of the RSUs vest as follows: one-third on March 4, 2018 and one-third on March 4, 2019 subject to the achievement of certain performance measures.
F2: Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above.
F3: Each restricted stock unit ("RSU") was granted on March 7, 2014 under the AMC Networks Inc. 2011 Amended and Restated Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs vested on March 7, 2017.
F4: Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 3 above.