Antara Capital LP's Form 4 filing
AMC Entertainment Holdings, Inc. (AMC) · filed Apr 5, 2023
- Accession no.
- 0001140361-23-016838
- Filed
- Apr 5, 2023, 8:19 PM ET
- Trade date
- Apr 3, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $15.6M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Antara Capital LPCIK 0001750183 | 10% Owner |
| Gulati HimanshuCIK 0001789562 | 10% Owner |
| Antara Capital Master Fund LPCIK 0001789567 | 10% Owner |
| Antara Capital Fund GP LLCCIK 0001789581 | 10% Owner |
| Antara Capital GP LLCCIK 0001789582 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 3, 2023 | AMC Preferred Equity Units | SSaleDisposed | −4,635,000 | $1.77 | −$8,203,950 | 174,596,928 | Indirect | |
| Apr 3, 2023 | AMC Preferred Equity Units | SSaleDisposed | −2,500,000 | $1.79 | −$4,475,000 | 172,096,928 | Indirect | |
| Apr 3, 2023 | Class A Common Stock | SSaleDisposed | −750,000 | $3.95 | −$2,962,500 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 3, 2023 | Class A Common Stock | SSaleDisposed | −400,000 | –F6 | – | 400,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F6
Antara Master Fund entered into a total return swap with a counterparty under which, upon settlement of the swap, (i) the counterparty will pay $1,529,440 to Antara Master Fund, representing $3.82 per share for each share of Class A Common Stock that is subject to the agreement, and (ii) Antara Master Fund will pay to the counterparty an amount equal to the then market price of 400,000 shares of Class A Common Stock. Any dividends received by Antara Master Fund on the 400,000 shares of Class A Common Stock during the term of the agreement will be paid to counterparty, and Antara Master Fund also pays a negotiated fee to the counterparty.
Referenced by the price of 1 transaction in Table II.