Sec Form 4 Filing - Antara Capital LP @ AMC ENTERTAINMENT HOLDINGS, INC. - 2023-02-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Antara Capital LP
2. Issuer Name and Ticker or Trading Symbol
AMC ENTERTAINMENT HOLDINGS, INC. [ AMC,APE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C
3. Date of Earliest Transaction (MM/DD/YY)
02/17/2023
(Street)
NEW YORK, NY10001
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Total Return Swap ( 5 ) ( 5 ) 02/17/2023 S/K 200,000 02/03/2023 02/03/2024 Class A Common Stock 200,000 $ 5.33 600,000 I See Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Put Option (obligation to buy) $ 3 02/21/2023 E 33,500 01/27/2023 02/21/2023 Class A Common Stock 33,500 $ 0 0 I See Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Put Option (obligation to buy) $ 4 02/21/2023 E 34,000 01/26/2023 02/21/2023 Class A Common Stock 34,000 $ 0 0 I See Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Put Option (obligation to buy) $ 4 02/21/2023 E 87,500 01/27/2023 02/21/2023 Class A Common Stock 87,500 $ 0 0 I See Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Antara Capital LP
55 HUDSON YARDS, 47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Antara Capital Fund GP LLC
55 HUDSON YARDS, 47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Antara Capital Master Fund LP
55 HUDSON YARDS, 47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Antara Capital GP LLC
55 HUDSON YARDS, 47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Gulati Himanshu
55 HUDSON YARDS, 47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Signatures
Antara Capital Master Fund LP By: Antara Capital LP, not in its individual corporate capacity, but solely as Investment Advisor and agent By: Antara Capital GP LLC, its general partner By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Managing Member 02/21/2023
Signature of Reporting Person Date
Antara Capital LPBy: Antara Capital GP LLC, its general partnerBy: /s/ Himanshu GulatiName: Himanshu GulatiTitle: Managing Member 02/21/2023
Signature of Reporting Person Date
Antara Capital GP LLCBy: /s/ Himanshu GulatiName: Himanshu GulatiTitle: Managing Member 02/21/2023
Signature of Reporting Person Date
Antara Capital Fund GP LLCBy: /s/ Himanshu GulatiName: Himanshu GulatiTitle: Managing Member 02/21/2023
Signature of Reporting Person Date
/s/ Himanshu GulatiHimanshu Gulati 02/21/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 is being filed on behalf of (i) Antara Capital Master Fund LP, a Cayman Islands exempted limited partnership ("Antara Master Fund"), (ii) Antara Capital LP, a Delaware limited partnership ("Antara Capital"), (iii) Antara Capital GP LLC, a Delaware limited liability company ("Antara GP"), (iv) Antara Capital Fund GP LLC, a Delaware limited liability company ("Antara Fund GP") and (v) Himanshu Gulati (collectively, the "Reporting Persons").
( 2 )Antara Capital serves as the investment manager of Antara Master Fund. Antara Fund GP is the general partner of Antara Master Fund and Antara GP is the general partner of Antara Capital. Himanshu Gulati is the sole member of Antara Fund GP and Antara GP. Each of Antara Capital, Antara GP, Antara Fund GP and Himanshu Gulati may be deemed to indirectly beneficially own the securities held directly by the Antara Master Fund and each disclaims beneficial ownership of all such securities except to the extent of any indirect pecuniary interest therein.
( 3 )The securities are held directly by Antara Master Fund.
( 4 )This report shall not be deemed an admission that the Reporting Persons, or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
( 5 )Antara Master Fund closed a portion of its total return swap with a counterparty via disposing of "notional" shares of Class A Common Stock. The swap agreement provided that, upon settlement of the swap, the reporting person would pay the per share purchase price of $6.08 to the counterparty, and the counterparty would pay to the reporting person an amount equal to the then per share market price, each of the applicable number of shares.

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