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AMC Networks Inc. Director's Dealing 2021

Mar 11, 2021

33121_dirs_2021-03-11_1f13bb14-0761-45e8-abd8-73ba4fbdb14d.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: 2021-03-09

Reporting Person: DOLAN CHARLES F (Director, 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
2021-03-09 Class A Common Stock A 17493 $0.00 Acquired 33183 Direct
2021-03-09 Class A Common Stock F 6515 $71.28 Disposed 26668 Direct
2021-03-09 Class A Common Stock M 3828 $0.00 Acquired 30496 Direct
2021-03-09 Class A Common Stock F 1874 $71.28 Disposed 28622 Direct
2021-03-09 Class A Common Stock M 3162 $0.00 Acquired 31784 Direct
2021-03-09 Class A Common Stock F 1548 $71.28 Disposed 30236 Direct
2021-03-09 Class A Common Stock M 7275 $0.00 Acquired 37511 Direct
2021-03-09 Class A Common Stock F 3562 $71.28 Disposed 33949 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-09 Restricted Stock Units $ M 3828 Disposed 2021-03-09 Class A Common Stock (3828) Direct
2021-03-09 Restricted Stock Units $ M 3162 Disposed 2022-03-09 Class A Common Stock (3162) Direct
2021-03-09 Restricted Stock Units $ M 7275 Disposed 2023-03-09 Class A Common Stock (7275) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 120850 Indirect

Footnotes

F1: Each share of Class A Common Stock was issued on March 9, 2021 upon the vesting of performance restricted stock units ("PRSUs"). The PRSUs were initially granted on March 26, 2018 under the AMC Networks Inc. 2016 Employee Stock Plan, and the number of shares of Class A Common Stock issued on March 9, 2021 was determined based on the achievement of performance criteria established at the time of grant.

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 PRSUs exempt under Rule 16b-3.

F5: Each restricted stock unit ("RSU") 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: Securities withheld to pay withholding taxes on vested RSUs exempt under Rule 16b-3.

F7: Charles F. Dolan is a co-trustee and beneficiary of the Charles F. Dolan 2009 Revocable Trust.

F8: Two-thirds of the RSUs vested and were settled on March 9, 2019 and March 9, 2020. The remaining one-third of the RSUs vested and were settled on March 9, 2021.

F9: One-third of the RSUs vested and were settled on March 9, 2020. One-third of the RSUs vested and were settled on March 9, 2021.The remaining one-third of the RSUs vest on March 9, 2022.

F10: One-third of the RSUs vested and were settled on March 9, 2021. The remaining two-thirds of the RSUs vest on March 9, 2022 and March 9, 2023.