AMC Networks Inc. — Director's Dealing 2020

Mar 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMC Networks Inc. (AMCX)
CIK: 0001514991
Period of Report: 2020-03-09

Reporting Person: Sullivan Sean S (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-09	AMC Networks Inc. Class A Common Stock	A	19479	—	Acquired	59569	Direct
2020-03-09	AMC Networks Inc. Class A Common Stock	F	6607	$26.01	Disposed	52962	Direct
2020-03-09	AMC Networks Inc. Class A Common Stock	M	7455	—	Acquired	60417	Direct
2020-03-09	AMC Networks Inc. Class A Common Stock	F	2532	$26.01	Disposed	57885	Direct
2020-03-09	AMC Networks Inc. Class A Common Stock	M	8294	—	Acquired	66179	Direct
2020-03-09	AMC Networks Inc. Class A Common Stock	F	2817	$26.01	Disposed	63362	Direct
2020-03-09	AMC Networks Inc. Class A Common Stock	M	7904	—	Acquired	71266	Direct
2020-03-09	AMC Networks Inc. Class A Common Stock	F	3387	$26.01	Disposed	67879	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-09	Restricted Stock Units	$	M	7455	Disposed	2020-03-09	AMC Networks Inc. Class A Common Stock (7455)	Direct
2020-03-09	Restricted Stock Units	$	M	8294	Disposed	2021-03-09	AMC Networks Inc. Class A Common Stock (8294)	Direct
2020-03-09	Restricted Stock Units	$	M	7904	Disposed	2022-03-09	AMC Networks Inc. Class A Common Stock (7904)	Direct

Footnotes

F1: Each share of Class A common stock was issued on March 9, 2020 upon the vesting of performance restricted stock units ("PRSUs"). The PRSUs were initially granted on March 9, 2017 under the AMC Networks Inc. 2016 Employee Stock Plan, and the number of shares of Class A common stock issued on March 9, 2020 was determined based on the achievement of performance criteria established at the time of grant.

F2: Represents PRSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of PRSUs described in footnote 1 above, exempt under Rule 16b-3.

F3: 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" vested and were settled on March 9, 2020.

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 ("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, 2020 and and one-third of the RSUs vested and were settled on March 9, 2019. The remaining one-third of the RSUs will vest on March 9, 2021 subject to the achievement of certain performance measures.

F6: Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 5 above, exempt under Rule 16b-3.

F7: Each restricted stock unit ("RSU") was granted on March 8, 2019 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, 2020. The remaining two-thirds of the RSUs vest as follows: one-third on March 9, 2021 and one-third on March 9, 2022 subject to the achievement of certain performance measures.

F8: Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 7 above, exempt under Rule 16b-3.