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AMC Networks Inc. — Director's Dealing 2019
Mar 12, 2019
33121_dirs_2019-03-12_dcf3d6e5-9706-4c03-9d47-29641ce5d89d.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: 2019-03-08
Reporting Person: DOLAN CHARLES F (Director, Executive Chairman, 10% Owner, Member of 13D Group)
Reporting Person: DOLAN HELEN A (10% Owner, Member of 13D Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-09 | Class A Common Stock | M | 3441 | $0.00 | Acquired | 10518 | Direct |
| 2019-03-09 | Class A Common Stock | F | 1168 | $62.39 | Disposed | 9350 | Direct |
| 2019-03-09 | Class A Common Stock | M | 3828 | $0.00 | Acquired | 13178 | Direct |
| 2019-03-09 | Class A Common Stock | F | 1602 | $62.39 | Disposed | 11576 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-08 | Restricted Stock Units | $ | A | 9485 | Acquired | 2022-03-09 | Class A Common Stock (9485) | Direct |
| 2019-03-09 | Restricted Stock Units | $ | M | 3441 | Disposed | 2020-03-09 | Class A Common Stock (3441) | Direct |
| 2019-03-09 | Restricted Stock Units | $ | M | 3828 | Disposed | 2021-03-09 | Class A Common Stock (3828) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 109274 | Indirect |
Footnotes
F1: Each restricted stock unit is granted under the AMC Networks Inc. 2016 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
F2: Securities held directly by Mr. Charles F. Dolan and indirectly by his spouse, Mrs. Helen A. Dolan.
F3: 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.
F4: Securities withheld to pay withholding taxes on vested RSUs exempt under Rule 16b-3.
F5: Charles F. Dolan is a co-trustee and beneficiary of the Charles F. Dolan 2009 Revocable Trust.
F6: The RSUs are scheduled to vest in three equal installments on March 9, 2020, March 9, 2021, and March 9, 2022, subject to the achievement of certain performance measures.
F7: Two-thirds of the RSUs vested and were settled on March 9, 2018 and March 9, 2019. The remaining one-third of the RSUs vests on March 9, 2020 subject to the achievement of certain performance measures.
F8: One-third of the RSUs vested and were settled on March 9, 2019. The remaining two-thirds of the RSUs vest on March 9, 2020 and March 9, 2021 subject to the achievement of certain performance measures.