Director Vincent Tese (AMCX) awarded 10,926 cash-settled stock units
Rhea-AI Filing Summary
TESE VINCENT reported acquisition or exercise transactions in this Form 4 filing.
AMC Global Media Inc. director Vincent Tese reported a compensation grant of 10,926 Director Stock Units. Each unit was granted for no cash consideration under the company’s Amended and Restated 2011 Stock Plan for Non-Employee Directors and is fully vested on the grant date.
Each director stock unit represents a right to receive the cash equivalent of one share of Class A Common Stock. The units will be settled in cash on the first business day 90 days after Tese’s service on the Board of Directors ends, so this filing reflects non-market, cash-settled board compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Units | 10,926 | $0.00 | $0.00 |
Footnotes (3)
- 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.
Key Figures
Key Terms
Director Stock Units financial
Amended and Restated 2011 Stock Plan for Non-Employee Directors financial
Class A Common Stock financial
FAQ
What did AMC Global Media Inc. (AMCX) director Vincent Tese report in this Form 4?
How many director stock units did Vincent Tese receive from AMCX?
Are Vincent Tese’s AMC Global director stock units settled in stock or cash?
When will the AMC Global (AMCX) director stock units granted to Vincent Tese be paid out?
Did Vincent Tese pay anything for the AMC Global director stock units he received?
Does this AMCX Form 4 reflect an open-market purchase or sale of stock by Vincent Tese?
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