Jason Mudrick Form 4 AMC ENTERTAINMENT / Jason Mudrick ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Mudrick Capital Management, L.P.

(Last) (First) (Middle)

527 MADISON AVENUE, 6TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMC ENTERTAINMENT HOLDINGS, INC. [ AMC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/14/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.01 per share	12/14/2020		S		545,014	D	$3.2954(3)	21,433,008	I	See notes(1)(2)
Class A Common Stock, par value $0.01 per share	12/14/2020		S		1,498,460	D	$3.4093(4)	19,934,548	I	See notes(1)(2)
Class A Common Stock, par value $0.01 per share	12/15/2020		S		1,000,000	D	$2.9053(5)	18,934,548	I	See notes(1)(2)
Class A Common Stock, par value $0.01 per share	12/16/2020		S		1,000,000	D	$2.7771(6)	17,934,548(7)	I	See notes(1)(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Mudrick Capital Management, L.P.

(Last) (First) (Middle)

527 MADISON AVENUE, 6TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Mudrick Capital Management LLC

(Last) (First) (Middle)

527 MADISON AVENUE, 6TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Mudrick Jason

(Last) (First) (Middle)

527 MADISON AVENUE, 6TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

Explanation of Responses:

1. This Form 4 is filed jointly by the following Reporting Persons: Mudrick Capital Management, LLC ("MCM GP"), Mudrick Capital Management, L.P. ("MCM") and Jason Mudrick ("Mr. Mudrick").

2. Mr. Mudrick is the sole member of MCM GP, which is the general partner of MCM. MCM is the investment manager of the following entities: Mudrick Distressed Opportunity Drawdown Fund II, L.P. ("Drawdown II LP"), Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. ("Drawdown II SC LP"), Mudrick Distressed Opportunity Fund Global, L.P. ("Global LP"), Mudrick Distressed Senior Secured Fund Global, L.P. ("Senior Secured LP"), Blackwell Partners LLC - Series A ("Blackwell"), Boston Patriot Batterymarch St LLC ("Batterymarch"), Boston Patriot Newbury St LLC ("Newbury") and Mercer QIF Fund PLC ("Mercer"). Each Reporting Person and each of the foregoing entities disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any.

3. The price reported is a weighted average price. The Class A Common Stock was disposed of in multiple transactions at prices ranging from $3.26 to $3.37, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the ranges set forth in this footnote.

4. The price reported is a weighted average price. The Class A Common Stock was disposed of in multiple transactions at prices ranging from $3.25 to $3.83, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the ranges set forth in this footnote.

5. The price reported is a weighted average price. The Class A Common Stock was disposed of in multiple transactions at prices ranging from $2.80 to $3.22, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the ranges set forth in this footnote.

6. The price reported is a weighted average price. The Class A Common Stock was disposed of in multiple transactions at prices ranging from $2.74 to $2.87, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the ranges set forth in this footnote.

7. Consists of shares of Class A Common Stock held by the following entities following the transactions reported on this Form 4: 7,183,582 held by Global LP; 2,026,956 shares held by Blackwell; 2,975,624 shares held by Batterymarch; 3,548,003 shares held by Drawdown II LP; 1,075,493 shares held by Drawdown II SC LP; 122,394 shares held by Senior Secured LP; 605,330 shares held by Newbury; and 397,166 shares held by Mercer.

	MUDRICK CAPITAL MANAGEMENT, L.P.; By Mudrick Capital Management, LLC; By: /s/ Jason Mudrick	12/16/2020
	MUDRICK CAPITAL MANAGEMENT, LLC; By: /s/ Jason Mudrick	12/16/2020
	By: /s/ Jason Mudrick	12/16/2020
	** Signature of Reporting Person	Date
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