SEC Form 4 · accession 0001127602-18-010415
AMC Global Media Inc. · AMCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua W Sapan
Officer — President and CEO
Period of report
Mar 5, 2018
Accepted (ET)
Mar 6, 2018 · 6:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001514991
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| AMC Networks Inc. Class A Common StockF1 | Mar 5, 2018 | M | 26,399 | $0.00 | A | 216,044 | D | |
| AMC Networks Inc. Class A Common Stock | Mar 5, 2018 | F | 14,049 | $53.39 | D | 201,995 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Mar 5, 2018 | M | 26,399 | D | — | Mar 4, 2019 | AMC Networks Inc. Class A Common Stock | 26,399 | 26,399 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") was granted on March 4, 2016 under the AMC Networks Inc. 2011 Amended and Restated 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 5, 2018 and one-third of the RSUs vested and were settled March 6, 2017. The remaining one-third of the RSUs will vest on March 4, 2019 subject to the achievement of certain performance objectives.
- F2Represents RSUs of AMC Networks Inc. withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above.