Sec Form 4 Filing - DOLAN CHARLES F @ AMC Networks Inc. - 2021-03-09

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
DOLAN CHARLES F
2. Issuer Name and Ticker or Trading Symbol
AMC Networks Inc. [ AMCX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Member of 13D Group
(Last) (First) (Middle)
C/O DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
03/09/2021
(Street)
WOODBURY, NY11797
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
Class A Common Stock 03/09/2021 A 17,493 A $ 0 ( 1 ) 33,183 D ( 2 ) ( 3 )
Class A Common Stock 03/09/2021 F( 4 ) 6,515 D $ 71.28 26,668 D ( 2 ) ( 3 )
Class A Common Stock 03/09/2021 M 3,828 A $ 0 ( 5 ) 30,496 D ( 2 ) ( 3 )
Class A Common Stock 03/09/2021 F( 6 ) 1,874 D $ 71.28 28,622 D ( 2 ) ( 3 )
Class A Common Stock 03/09/2021 M 3,162 A $ 0 ( 5 ) 31,784 D ( 2 ) ( 3 )
Class A Common Stock 03/09/2021 F( 6 ) 1,548 D $ 71.28 30,236 D ( 2 ) ( 3 )
Class A Common Stock 03/09/2021 M 7,275 A $ 0 ( 5 ) 37,511 D ( 2 ) ( 3 )
Class A Common Stock 03/09/2021 F( 6 ) 3,562 D $ 71.28 33,949 D ( 2 ) ( 3 )
Class A Common Stock 120,850 I ( 3 ) ( 7 ) By CFD Revocable Trust
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
Restricted Stock Units ( 5 ) 03/09/2021 M 3,828 ( 8 ) 03/09/2021 Class A Common Stock 3,828 ( 5 ) 0 D ( 2 ) ( 3 )
Restricted Stock Units ( 5 ) 03/09/2021 M 3,162 ( 9 ) 03/09/2022 Class A Common Stock 3,162 ( 5 ) 3,162 D ( 2 ) ( 3 )
Restricted Stock Units ( 5 ) 03/09/2021 M 7,275 ( 10 ) 03/09/2023 Class A Common Stock 7,275 ( 5 ) 14,552 D ( 2 ) ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DOLAN CHARLES F
C/O DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY11797
X X Member of 13D Group
DOLAN HELEN A
C/O DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY11797
X Member of 13D Group
Signatures
By: /s/ Dennis H. Javer, Attorney-in-Fact for Charles F. Dolan 03/11/2011
Signature of Reporting Person Date
By: /s/ Dennis H. Javer, Attorney-in-Fact for Helen A. Dolan 03/11/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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 26, 2018 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.
( 2 )Securities held directly by Mr. Charles F. Dolan and indirectly by his spouse, Mrs. Helen A. Dolan.
( 3 )Helen A. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
( 4 )Securities withheld to pay withholding taxes on vested PRSUs exempt under Rule 16b-3.
( 5 )Each restricted stock unit ("RSU") 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.
( 6 )Securities withheld to pay withholding taxes on vested RSUs exempt under Rule 16b-3.
( 7 )Charles F. Dolan is a co-trustee and beneficiary of the Charles F. Dolan 2009 Revocable Trust.
( 8 )Two-thirds of the RSUs vested and were settled on March 9, 2019 and March 9, 2020. The remaining one-third of the RSUs vested and were settled on March 9, 2021.
( 9 )One-third of the RSUs vested and were settled on March 9, 2020. One-third of the RSUs vested and were settled on March 9, 2021.The remaining one-third of the RSUs vest on March 9, 2022.
( 10 )One-third of the RSUs vested and were settled on March 9, 2021. The remaining two-thirds of the RSUs vest on March 9, 2022 and March 9, 2023.

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