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*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol AMC ENTERTAINMENT HOLDINGS, INC. [ AMC ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 12/17/2020 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 12/17/2020 | S | 1,000,000 | D | $2.8228(3) | 16,934,548 | I | See notes(1)(2) | ||
Class A Common Stock, par value $0.01 per share | 12/18/2020 | S | 1,000,000 | D | $2.79(4) | 15,934,548 | I | See notes(1)(2) | ||
Class A Common Stock, par value $0.01 per share | 12/21/2020 | S | 1,000,000 | D | $2.6714(5) | 14,934,548(6) | I | See notes(1)(2) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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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 $2.75 to $2.92, 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 $2.76 to $2.85, 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 $2.65 to $2.73, 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. Consists of shares of Class A Common Stock held by the following entities following the transactions reported on this Form 4: 5,981,951 held by Global LP; 1,687,896 shares held by Blackwell; 2,477,876 shares held by Batterymarch; 2,954,510 shares held by Drawdown II LP; 895,589 shares held by Drawdown II SC LP; 101,921 shares held by Senior Secured LP; 504,074 shares held by Newbury; and 330,731 shares held by Mercer. |
MUDRICK CAPITAL MANAGEMENT, L.P.; By Mudrick Capital Management, LLC; By: /s/ Jason Mudrick | 12/21/2020 | |
MUDRICK CAPITAL MANAGEMENT, LLC; By: /s/ Jason Mudrick | 12/21/2020 | |
By: /s/ Jason Mudrick | 12/21/2020 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |