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AMC Networks Inc. — Director's Dealing 2017
Mar 8, 2017
33121_dirs_2017-03-08_9cffa773-6baf-4921-980a-4d825726c3bd.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: Carroll Edward A (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-06 | AMC Networks Inc. Class A Common Stock | M | 8249 | — | Acquired | 22565 | Direct |
| 2017-03-06 | AMC Networks Inc. Class A Common Stock | F | 3049 | $60.28 | Disposed | 19516 | Direct |
| 2017-03-07 | AMC Networks Inc. Class A Common Stock | M | 21444 | — | Acquired | 40960 | Direct |
| 2017-03-07 | AMC Networks Inc. Class A Common Stock | F | 9823 | $59.45 | Disposed | 31137 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-06 | Restricted Stock Units | $ | M | 8249 | Disposed | 2019-03-04 | AMC Networks Inc. Class A Common Stock (8249) | Direct |
| 2017-03-07 | Restricted Stock Units | $ | M | 21444 | Disposed | 2017-03-07 | AMC Networks Inc. Class A Common Stock (21444) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| AMC Networks Inc. Class A Common Stock | 1337 | Indirect |
Footnotes
F1: Each restricted stock unit ("RSU") was granted 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.