James L. Dolan granted 10,926 director stock units at AMC Global (AMCX)
Rhea-AI Filing Summary
DOLAN JAMES LAWRENCE reported acquisition or exercise transactions in this Form 4 filing.
AMC Global Media Inc. director James L. Dolan received a grant of 10,926 director stock units tied to Class A Common Stock. These units were granted for no cash consideration under the company’s Amended and Restated 2011 Stock Plan for Non-Employee Directors and are fully vested on the grant date.
Each unit represents the right to receive the cash equivalent of one share of Class A Common Stock, to be paid on the first business day 90 days after his service on the Board ends. CEO Kristin A. Dolan is a joint reporting person, but the securities are held directly by James L. Dolan, and she disclaims beneficial ownership.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Units | 10,926 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each director stock unit is granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors and represents a right to receive the cash equivalent of one share of Class A Common Stock.
- F2. The director stock units are fully vested on the date of the grant and will be settled in cash on the first business day 90 days after service on the Board of Directors ceases.
- F3. Granted under the AMC Global Media Inc. Amended and Restated 2011 Stock Plan for Non-Employee Directors for no consideration.
- F4. Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities 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.
Key Figures
Key Terms
Director Stock Units financial
Amended and Restated 2011 Stock Plan for Non-Employee Directors financial
beneficial ownership regulatory
Class A Common Stock financial
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