ADAM M. ARON - 25 Aug 2023 Form 4 Insider Report for AMC ENTERTAINMENT HOLDINGS, INC. (AMC)

Role
CEO, PRESIDENT CHAIRMAN, Director
Signature
/S/EDWIN F GLADBACH, ATTORNEY-IN-FACT
Issuer symbol
AMC
Transactions as of
25 Aug 2023
Transactions value $
$0
Form type
4
Filing time
28 Aug 2023, 20:35:02 UTC
Previous filing
27 Feb 2023
Next filing
10 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMC CLASS A COMMON STOCK Options Exercise $0 +196K +114.71% $0.00 366K 25 Aug 2023 Direct F1, F2, F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMC AMC PREFERRED EQUITY UNITS Options Exercise $0 -1.96M -100% $0.00* 0 25 Aug 2023 CLASS A COMMON STOCK 196K $0.00 Direct F1, F3
transaction AMC RESTRICTED STOCK UNITS Options Exercise $0 +31.6K +100% $0.00 63.3K 25 Aug 2023 CLASS A COMMON STOCK 31.6K $0.00 Direct F2, F4, F5
transaction AMC RESTRICTED STOCK UNITS Options Exercise $0 -316K -100% $0.00* 0 25 Aug 2023 AMC PREFERRED EQUITY UNITS 316K $0.00 Direct F3, F4, F5
transaction AMC RESTRICTED STOCK UNITS Options Exercise $0 +17.9K +100% $0.00 35.9K 25 Aug 2023 CLASS A COMMON STOCK 17.9K $0.00 Direct F2, F4, F6
transaction AMC RESTRICTED STOCK UNITS Options Exercise $0 -179K -100% $0.00* 0 25 Aug 2023 AMC PREFERRED EQUITY UNITS 179K $0.00 Direct F3, F4, F6
transaction AMC RESTRICTED STOCK UNITS Options Exercise $0 +86.9K +179.65% $0.00 135K 25 Aug 2023 CLASS A COMMON STOCK 86.9K $0.00 Direct F2, F4, F7
transaction AMC RESTRICTED STOCK UNITS Options Exercise $0 -869K -100% $0.00* 0 25 Aug 2023 AMC PREFERRED EQUITY UNITS 869K $0.00 Direct F3, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 25, 2023, each APEU (defined in footnote 3 below) automatically converted into one-tenth of a share of Issuer's Class A Common Stock ("Common Stock").
F2 On August 24, 2023, the Issuer effected a 1-for-10 reverse stock split (the "Reverse Stock Split") on its Common Stock. The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F3 Each AMC Preferred Equity Unit ("APEU") was a depositary share and represented an interest in one one-hundredth (1/100th) of a share of the Issuer's Series A Convertible Participating Preferred Stock. Each APEU was designed to have the same economic and voting rights as a share of Common Stock and traded on the NYSE under the symbol "APE". Each APEU was automatically convertible into Common Stock upon approval by Issuer's stockholders to authorize sufficient additional shares of Common Stock to permit the conversion of the then-outstanding APEUs. The APEUs had no expiration date.
F4 Upon the conversion of APEUs into shares of Common Stock, all unvested restricted stock units granted under the Issuer's 2013 Equity Incentive Plan ("RSUs") that represented the right to receive APEUs upon vesting automatically became eligible receive shares of Common Stock upon vesting.
F5 The RSUs will be eligible to vest in January 2024, subject to continued employment.
F6 One-half of RSUs will be eligible to vest in each of January 2024 and 2025, subject to continued employment.
F7 One-third of RSUs will be eligible to vest in each of January 2024, 2025, and 2026, subject to continued employment.
F8 Does not include Common Shares issuable upon future vesting of equity grants, including 234,466 Common Shares issuable based upon continued service and 234,468 Common Shares issuable upon attainment of performance goals at target, which, when combined with the ownership reported above, would represent a total of 835,270 equity interests.