Edgar Filing: DOLAN CHARLES F

Ownership Submission

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 OF SECURITIES

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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(Print or Type Responses)

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	_____ 10% Owner
__X__ Officer (give title below)	__X__ Other (specify below)
Executive Chairman / Member of 13(d) Group

(Last)

(First)

(Middle)

11 PENN PLAZA

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2011

(Street)

NEW YORK, NY 10001

4. If Amendment, Date Original Filed(Month/Day/Year)

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
AMC Networks Inc. Class A Common Stock								108,592 ⁽¹⁾ ⁽²⁾	D ⁽³⁾ ⁽⁴⁾
AMC Networks Inc. Class A Common Stock								79,771 ⁽¹⁾	I ⁽⁵⁾	By CFD Rev. Trust ⁽³⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Options (Right to Buy)

$ 9.42 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

41,666 ⁽⁷⁾

07/15/2011⁽⁷⁾⁽⁸⁾

06/25/2013

AMC Networks Inc. Class A Common Stock

41,666

$ 0

41,666

D ⁽³⁾ ⁽⁴⁾

Options (Right to Buy)

$ 8.11 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

20,833 ⁽⁷⁾

07/15/2011⁽⁷⁾⁽⁸⁾

06/25/2013

AMC Networks Inc. Class A Common Stock

20,833

$ 0

20,833

D ⁽³⁾ ⁽⁴⁾

Options (Right to Buy)

$ 13.55 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

30,000 ⁽⁷⁾

07/15/2011⁽⁷⁾⁽⁸⁾

11/08/2015

AMC Networks Inc. Class A Common Stock

30,000

$ 0

30,000

D ⁽³⁾ ⁽⁴⁾

Options (Right to Buy)

$ 13.55 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

37,200 ⁽⁷⁾

07/15/2011⁽⁷⁾⁽⁸⁾

10/01/2014

AMC Networks Inc. Class A Common Stock

37,200

$ 0

37,200

D ⁽³⁾ ⁽⁴⁾

Options (Right to Buy)

$ 13.55 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

18,600 ⁽⁷⁾

07/15/2011⁽⁷⁾⁽⁸⁾

10/01/2014

AMC Networks Inc. Class A Common Stock

18,600

$ 0

18,600

D ⁽³⁾ ⁽⁴⁾

Options (Right to Buy)

$ 13.55 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

15,000 ⁽⁷⁾

07/15/2011⁽⁷⁾⁽⁸⁾

11/08/2015

AMC Networks Inc. Class A Common Stock

15,000

$ 0

15,000

D ⁽³⁾ ⁽⁴⁾

Options (Right to Buy)

$ 17.91 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

66,000 ⁽⁷⁾

07/15/2011⁽⁷⁾⁽⁸⁾

06/05/2016

AMC Networks Inc. Class A Common Stock

66,000

$ 0

66,000

D ⁽³⁾ ⁽⁴⁾

Options (Right to Buy)

$ 8.95 ⁽⁶⁾

07/15/2011

J⁽⁷⁾

221,225 ⁽⁷⁾

⁽⁷⁾⁽⁹⁾

09/05/2014

AMC Networks Inc. Class A Common Stock

221,225

$ 0

221,225

D ⁽³⁾ ⁽⁴⁾

AMC Networks Inc. Class B Common Stock

$ 0 ⁽¹⁰⁾

⁽¹⁰⁾

AMC Networks Inc. Class A Common Stock

225,298

225,298 ⁽¹¹⁾

D ⁽³⁾ ⁽⁴⁾

AMC Networks Inc. Class B Common Stock

$ 0 ⁽¹⁰⁾

⁽¹⁰⁾

AMC Networks Inc. Class A Common Stock

450,000

450,000 ⁽¹¹⁾

I ⁽¹²⁾ ⁽¹³⁾

By Spouse ⁽¹²⁾

AMC Networks Inc. Class B Common Stock

$ 0 ⁽¹⁰⁾

⁽¹⁰⁾

AMC Networks Inc. Class A Common Stock

626,577

626,577 ⁽¹¹⁾

I ⁽³⁾

By CFD Rev. Trust ⁽⁵⁾

AMC Networks Inc. Class B Common Stock

$ 0 ⁽¹⁰⁾

⁽¹⁰⁾

AMC Networks Inc. Class A Common Stock

2,363,456

2,363,456 ⁽¹¹⁾

I ⁽³⁾ ⁽¹⁴⁾

By 2011 Grat #1C ⁽¹⁴⁾

AMC Networks Inc. Class B Common Stock

$ 0 ⁽¹⁰⁾

⁽¹⁰⁾

AMC Networks Inc. Class A Common Stock

1,418,073

1,418,073 ⁽¹¹⁾

I ⁽¹³⁾ ⁽¹⁵⁾

By HAD 2011 Grat #1C ⁽¹⁵⁾

AMC Networks Inc. Class B Common Stock

$ 0 ⁽¹⁰⁾

⁽¹⁰⁾

AMC Networks Inc. Class A Common Stock

81,926

81,926 ⁽¹¹⁾

I ⁽¹³⁾ ⁽¹⁶⁾

By HAD Rev. Trust ⁽¹⁶⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
DOLAN CHARLES F 11 PENN PLAZA NEW YORK, NY 10001	X		Executive Chairman	Member of 13(d) Group
DOLAN HELEN A 11 PENN PLAZA NEW YORK, NY 10001				Member of 13(d) Group

Signatures

/s/ Sean S. Sullivan, Attorney-in-fact for Charles F. Dolan		07/19/2011
^**Signature of Reporting Person		Date
/s/ Brian Sweeney, Attorney-in-fact for Helen A. Dolan		07/19/2011
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision Systems Corporation ("Cablevision") and its subsidiaries and received in connection with the legal and structural separation of AMC Networks Inc. ("AMC") from Cablevision (the "Spin?off") in a transaction exempt under Rule 16a?9 and Rule 16a?13.
(2)	Includes shares of restricted stock.
(3)	Ms. Dolan disclaims beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned directly or indirectly by her spouse (other than securities in which she has a direct pecuniary interest) and this filing shall not be deemed an admission that Ms. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
(4)	Securities held directly by Mr. Dolan
(5)	Securities held by the Charles F. Dolan 2009 Revocable Trust.
(6)	The exercise price was determined by allocating the exercise price for the option under the Cablevision equity plan between the existing Cablevision option and the AMC option based upon the average of the volume weighted average prices of the Cablevision NY Group Class A Common Stock and the AMC Class A Common Stock for each trading day in the ten trading-day period immediately following the Spin?off. The underlying share amount takes into account the distribution ratio of four Cablevision shares of common stock to one share of AMC common stock.
(7)	Represents options to purchase Class A Common Stock received by the Reporting Person in connection with the Spin?off, and granted pursuant to the AMC 2011 Employee Stock Plan, in a transaction exempt under Rules 16a?9 or 16b?6 and 16b?3.
(8)	The options are fully exercisable and vested as of the date of this filing.
(9)	Two-thirds of the options are fully exercisable and vested as of the date of this filing. The remaining one-third will vest on March 5, 2012.
(10)	Class B Common Stock of the Issuer is convertible at the option of the holder share for share into Class A Common Stock of the Issuer.
(11)	Reflects transfer of shares of Class B Common Stock previously owned directly by Cablevision and its subsidiaries and received in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13.
(12)	Securities held directly by Ms. Dolan.
(13)	Mr. Dolan disclaims beneficial ownership of all securities of AMC beneficially owned or deemed to be beneficially owned directly or indirectly by his spouse (other than securities in which he has a direct pecuniary interest) and this filing shall not be deemed an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
(14)	Shares of Class B Common Stock held directly by the Charles F. Dolan 2011 Grantor Retained Annuity Trust #1C.
(15)	Shares of Class B Common Stock held directly by the Helen A. Dolan 2011 Grantor Retained Annuity Trust #1C.
(16)	Shares of Class B Common Stock held directly by the Helen A. Dolan 2009 Revocable Trust.

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