AMC Networks Inc. — Director's Dealing 2021

Mar 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMC Networks Inc. (AMCX)
CIK: 0001514991
Period of Report: 2021-03-08

Reporting Person: Gallagher James (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-08	AMC Networks Inc. Class A Common Stock	D	8189	$65.34	Disposed	15017	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	A	14579	—	Acquired	29596	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	F	5662	$71.28	Disposed	23934	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	M	4785	—	Acquired	28719	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	F	2546	$71.28	Disposed	26173	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	M	3952	—	Acquired	30125	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	F	2103	$71.28	Disposed	28022	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	M	9094	—	Acquired	37116	Direct
2021-03-09	AMC Networks Inc. Class A Common Stock	F	4839	$71.28	Disposed	32277	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-09	Restricted Stock Units	$	M	4785	Disposed	2021-03-09	AMC Networks Inc. Class A Common Stock (4785)	Direct
2021-03-09	Restricted Stock Units	$	M	3952	Disposed	2022-03-09	AMC Networks Inc. Class A Common Stock (3952)	Direct
2021-03-09	Restricted Stock Units	$	M	9094	Disposed	2023-03-09	AMC Networks Inc. Class A Common Stock (9094)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $65.24 to $65.38 per share. The price reported above reflects the weighted average sales price. Mr. Gallagher hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: 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 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, 2021 was determined based on the achievement of performance criteria established at the time of grant.

F3: Represents PRSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of PRSUs described in footnote 2 above, exempt under Rule 16b-3.

F4: 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 one-third of the RSUs vested and were settled on March 9, 2019. The remaining one-third of the RSUs vested and were settled on March 9, 2021.

F5: Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 4 above, exempt under Rule 16b-3.

F6: Each restricted stock unit ("RSU") was granted on March 9, 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, 2021 and one-third of the RSUs vested and were settled on March 9, 2020. The remaining one-third of the RSUs will vest on March 9, 2022 subject to the achievement of certain performance measures.

F7: Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 6 above, exempt under Rule 16b-3.

F8: Each restricted stock unit ("RSU") was granted on March 8, 2020 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, 2021. The remaining two-thirds of the RSUs vest as follows: one-third on March 9, 2022 and one-third on March 9, 2023.

F9: Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 8 above, exempt under Rule 16b-3.