SEC Form 4 · accession 0001127602-19-011018
AMC Global Media Inc. · AMCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean S Sullivan
Officer — EVP and CFO
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 4:17 pm EDT
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 9, 2019 | M | 7,455 | $0.00 | A | 66,740 | D | |
| AMC Networks Inc. Class A Common Stock | Mar 9, 2019 | F | 3,650 | $62.39 | D | 63,090 | D | |
| AMC Networks Inc. Class A Common StockF3 | Mar 9, 2019 | M | 8,293 | $0.00 | A | 71,383 | D | |
| AMC Networks Inc. Class A Common Stock | Mar 9, 2019 | F | 4,061 | $62.39 | D | 67,322 | 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 9, 2019 | M | 7,455 | D | — | Mar 9, 2020 | AMC Networks Inc. Class A Common Stock | 7,455 | 7,455 | D |
| Restricted Stock UnitsF3 | — | Mar 9, 2019 | M | 8,293 | D | — | Mar 9, 2021 | AMC Networks Inc. Class A Common Stock | 8,293 | 16,588 | D |
| Restricted Stock UnitsF5,F6 | — | Mar 8, 2019 | A | 23,712 | A | — | Mar 9, 2022 | AMC Networks Inc. Class A Common Stock | 23,712 | 23,712 | D |
Explanation of responses
- F1Each 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.
- F2Represents 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.
- F3Each 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.
- F4Represents 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.
- F5Each 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.
- F6The 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.