PEARSON MARK S 4
4 · AMC ENTERTAINMENT HOLDINGS, INC. · Filed Nov 3, 2020
Insider Transaction Report
Form 4
PEARSON MARK S
CHIEF STRATEGY OFFICER
Transactions
- Other
Performance Stock Units
2020-10-30+26,666→ 26,666 totalExercise: $0.00→ Class A Common Stock (26,666 underlying) - Other
Performance Stock Units
2020-10-30+26,666→ 26,666 totalExercise: $0.00→ Class A Common Stock (26,666 underlying) - Tax Payment
Class A Common Stock
2020-10-30−52,871→ 53,797 total - Other
Performance Stock Units
2020-10-30−26,666→ 0 totalExercise: $0.00→ Class A Common Stock (26,666 underlying) - Conversion
Performance Stock Units
2020-10-30−106,668→ 0 totalExercise: $0.00→ Class A Common Stock (106,668 underlying) - Other
Performance Stock Units
2020-10-30−26,666→ 0 totalExercise: $0.00→ Class A Common Stock (26,666 underlying) - Exercise/Conversion
Class A Common Stock
2020-10-30+106,668→ 106,668 total
Footnotes (6)
- [F1]Shares of the Issuer's Class A Common Stock ("Stock") were delivered upon the vesting and settlement of certain performance stock units ("PSU") granted to the Reporting Person as further described in notes 3 and 4 below.
- [F2]Shares of Stock otherwise deliverable were withheld to satisfy the Reporting Person's tax obligations arising from the PSU vesting and Stock delivery events described in note 1 above and note 4 below.
- [F3]Each PSU represents the right to receive one share of Stock upon vesting. The PSUs were originally granted pursuant to the Issuer's 2013 Equity Incentive Plan ("EIP") on February 26, 2020, with an expiration date of February 26, 2030.
- [F4]The PSUs were scheduled to vest upon attainment of 20-day volume weighted average closing prices ("VWAP") for the Stock ranging from $12 to $24. On October 30, 2020, the Issuer's Board of Directors modified the PSUs to provide for immediate vesting, subject to a one year holding requirement.
- [F5]The PSUs were scheduled to vest upon attainment of a 20-day VWAP of $28 for the Stock. On October 30, 2020, the Issuer's Board of Directors modified the PSUs to change the vesting VWAP to $4.
- [F6]The PSUs were scheduled to vest upon attainment of a 20-day VWAP of $32 for the Stock. On October 30, 2020, the Issuer's Board of Directors modified the PSUs to change the vesting VWAP to $8.