Sec Form 4 Filing - CHAVARRIA CARLA C @ AMC ENTERTAINMENT HOLDINGS, INC. - 2023-02-23

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
CHAVARRIA CARLA C
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 _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, CHIEF HR OFFICER
(Last) (First) (Middle)
ONE AMC WAY, 11500 ASH STREET
3. Date of Earliest Transaction (MM/DD/YY)
02/23/2023
(Street)
LEAWOOD, KS66211
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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
Class A Common Stock ( 1 ) 02/23/2023 A 14,373 A $ 0 184,715 D
Class A Common Stock ( 2 ) 02/23/2023 A 76,593 A $ 0 261,308 D
Class A Common Stock ( 3 ) 02/23/2023 F 41,894 D $ 0 219,414 ( 4 ) D
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
AMC Preferred Equity Units ( 1 ) ( 5 ) $ 0 02/23/2023 A 14,373 ( 5 ) ( 5 ) Class A Common Stock 14,373 $ 0 186,530 D
AMC Preferred Equity Units ( 2 ) ( 5 ) $ 0 02/23/2023 A 76,593 ( 5 ) ( 5 ) Class A Common Stock 76,593 $ 0 263,123 D
AMC Preferred Equity Units ( 3 ) ( 5 ) $ 0 02/23/2023 F 41,894 ( 5 ) ( 5 ) Class A Common Stock 41,894 $ 0 221,229 D
Restricted Stock Units ( 6 ) $ 0 02/23/2023 A 39,924 ( 6 ) ( 6 ) Class A Common Stock 39,924 $ 0 39,924 D
Restricted Stock Units ( 7 ) $ 0 02/23/2023 A 71,725 ( 7 ) ( 7 ) AMC Preferred Equity Units ( 5 ) 71,725 $ 0 71,725 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CHAVARRIA CARLA C
ONE AMC WAY
11500 ASH STREET
LEAWOOD, KS66211
SVP, CHIEF HR OFFICER
Signatures
/s/Edwin F Gladbach, Attorney-in-Fact 02/27/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares of the Issuer's class A common stock ("Common Shares") and preferred equity units ("APEUs") were issued upon the vesting of certain Performance Stock Units ("PSUs") granted to the Reporting Person under the Issuer's 2013 Equity Incentive Plan ("EIP") pursuant to award agreements dated February 28, 2020, March 15, 2021, and March 2, 2022. The PSUs were granted subject to performance and service based vesting conditions. The PSUs vested based upon attainment of performance goals as certified by the Issuer's Compensation Committee of the Board of Directors (the "Committee") and the Reporting Person's continued employment.
( 2 )Common Shares and APEUs were granted under the EIP by the Committee in lieu of vesting of certain PSUs that failed to achieve performance goals for reasons outside the control of the Issuer or its management.
( 3 )Common Shares and APEUs otherwise issuable were withheld to satisfy tax obligations arising from the vesting events described in notes 1 and 2 above.
( 4 )Does not include 221,229 outstanding APEUs or Common Shares and APEUs issuable upon future vesting of equity grants, including 78,463 Common Shares and 110,264 APEUs issuable based upon continued service and 78,466 Common Shares and 110,267 APEUs issuable upon attainment of performance goals at target, which, when combined with the ownership reported above, would represent a total of 818,103 equity interests.
( 5 )Each APEU is a depositary share and represents an interest in one one-hundredth (1/100th) of a share of the Issuer's Series A Convertible Participating Preferred Stock. Each APEU is designed to have the same economic and voting rights as a Common Share and trades on the NYSE under the symbol "APE". Each APEU is automatically convertible into one (1) Common Share upon an approval by the Issuer's stockholders to authorize sufficient additional Common Shares to permit the conversion of the then-outstanding APEUs. The APEUs have no expiration date.
( 6 )Each restricted stock unit ("RSU") represents the right to receive one (1) Common Share within 30 days following vesting. The RSUs were granted under the EIP by the Committee and one-third (1/3) of the total grant will vest in each of January 2024, 2025 and 2026, subject to continued employment.
( 7 )Each restricted stock unit ("RSU") represents the right to receive one (1) APEU within 30 days following vesting. The RSUs were granted under the EIP by the Committee and one-third (1/3) of the total grant will vest in each of January 2024, 2025 and 2026, subject to continued employment.

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