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AMC Networks Inc. — Director's Dealing 2019
Mar 12, 2019
33121_dirs_2019-03-12_c1c362cd-acef-4904-a0ff-9174c951ec13.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: Sapan Joshua W (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-09 | AMC Networks Inc. Class A Common Stock | M | 32112 | — | Acquired | 352869 | Direct |
| 2019-03-09 | AMC Networks Inc. Class A Common Stock | F | 17090 | $62.39 | Disposed | 335779 | Direct |
| 2019-03-09 | AMC Networks Inc. Class A Common Stock | M | 35726 | — | Acquired | 371505 | Direct |
| 2019-03-09 | AMC Networks Inc. Class A Common Stock | F | 19013 | $62.39 | Disposed | 352492 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-09 | Restricted Stock Units | $ | M | 32112 | Disposed | 2020-03-09 | AMC Networks Inc. Class A Common Stock (32112) | Direct |
| 2019-03-09 | Restricted Stock Units | $ | M | 35726 | Disposed | 2021-03-09 | AMC Networks Inc. Class A Common Stock (35726) | Direct |
| 2019-03-08 | Restricted Stock Units | $ | A | 88524 | Acquired | 2022-03-09 | AMC Networks Inc. Class A Common Stock (88524) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") was granted on March 9, 2017 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. One-third of the RSUs vested and were settled on March 9, 2019 and one-third of the RSUs vested and were settled on March 9, 2018. The remaining one-third of the RSUs will vest on March 9, 2020 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, exempt under Rule 16b-3.
F3: Each restricted stock unit ("RSU") was granted on March 9, 2018 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. One-third of the RSUs vested and were settled on March 9, 2019. The remaining two-thirds of the RSUs vest as follows: one-third on March 9, 2020 and one-third on March 9, 2021 subject to the achievement of certain performance measures.
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, exempt under Rule 16b-3.
F5: 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.
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.