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AMC Networks Inc. — Director's Dealing 2018
Jan 3, 2018
33121_dirs_2018-01-03_69900781-7e87-4562-9672-5b9cc9c31ab1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RLJ ENTERTAINMENT, INC. (RLJE)
CIK: 0001546381
Period of Report: 2018-01-02
Reporting Person: AMC Networks Inc. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-02 | Common Stock | J | 418255 | $3.00 | Acquired | 3121493 | Indirect |
| 2018-01-02 | Common Stock | J | 22000 | $3.6791 | Acquired | 3143493 | Indirect |
Footnotes
F1: RLJ Entertainment, Inc. ("RLJE") issued 418,255 shares of common stock, par value $0.001 per share ("Common Stock"), of RLJE reported herein to Digital Entertainment Holdings LLC ("DEH"), an indirect wholly-owned subsidiary of AMC Networks Inc. ("AMC"), as payment of interest due to DEH pursuant to that certain Credit and Guaranty Agreement, by and among RLJE, certain subsidiaries of RLJE as Guarantors, and DEH, dated as of October 14, 2016, as amended by the First Amendment dated as of January 30, 2017 and the Second Amendment dated as of June 16, 2017.
F2: Pursuant to a Stock Purchase Agreement by and between DEH and Miguel Penella, dated as of January 2, 2018, DEH purchased from Mr. Penella 22,000 shares of Common Stock for an aggregate purchase price of $80,940.20.
F3: AMC may be deemed to beneficially own the shares of Common Stock indirectly through its wholly-owned subsidiaries. The Common Stock is held directly by DEH, a direct wholly-owned subsidiary of IFC Entertainment Holdings LLC. IFC Entertainment Holdings LLC is a direct wholly-owned subsidiary of Rainbow Programming Holdings LLC. Rainbow Programming Holdings LLC is a direct wholly-owned subsidiary of Rainbow Media Enterprises, Inc. Rainbow Media Enterprises, Inc. is a direct wholly-owned subsidiary of Rainbow Media Holdings, LLC. Rainbow Media Holdings, LLC is a direct wholly-owned subsidiary of AMC.