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AMC Networks Inc. — Director's Dealing 2018
Mar 7, 2018
33121_dirs_2018-03-06_27186aa6-7849-4fdf-9eee-35127ec1df80.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: 2018-03-05
Reporting Person: Sullivan Sean S (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-05 | AMC Networks Inc. Class A Common Stock | M | 6092 | — | Acquired | 33324 | Direct |
| 2018-03-05 | AMC Networks Inc. Class A Common Stock | F | 2065 | $53.39 | Disposed | 31259 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-05 | Restricted Stock Units | $ | M | 6092 | Disposed | 2019-03-04 | AMC Networks Inc. Class A Common Stock (6092) | 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 5, 2018 and one-third of the RSUs vested and were settled March 6, 2017. The remaining one-third of the RSUs will vest on March 4, 2019 subject to the achievement of certain performance objectives.
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.