Form: 4

Statement of changes in beneficial ownership of securities

March 23, 2011

4: Statement of changes in beneficial ownership of securities

Published on March 23, 2011

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
 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*
AMERICAN MULTI-CINEMA, INC.
(Last) (First) (Middle)
920 MAIN STREET
(Street)
KANSAS CITY MO 64105
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
National CineMedia, Inc. [ NCMI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2011
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
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
Common Units of National CineMedia, LLC $0(1) 03/17/2011 J(2) 1,479,638(2) (1) (1) Common Stock of National CineMedia, Inc. 1,479,638 (2) 17,323,782 D(3)
1. Name and Address of Reporting Person*
AMERICAN MULTI-CINEMA, INC.
(Last) (First) (Middle)
920 MAIN STREET
(Street)
KANSAS CITY MO 64105
(City) (State) (Zip)
1. Name and Address of Reporting Person*
AMC ENTERTAINMENT INC
(Last) (First) (Middle)
920 MAIN STREET
(Street)
KANSAS CITY MO 64105
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Marquee Holdings Inc.
(Last) (First) (Middle)
920 MAIN STREET
(Street)
KANSAS CITY MO 64105
(City) (State) (Zip)
1. Name and Address of Reporting Person*
AMC ENTERTAINMENT HOLDINGS, INC.
(Last) (First) (Middle)
920 MAIN STREET
(Street)
KANSAS CITY MO 64105
(City) (State) (Zip)
Explanation of Responses:
1. Common Units of National CineMedia, LLC ("Common Units") may be converted at any time into shares of Common Stock of National CineMedia, Inc. on a one-for-one basis and have no expiration date.
2. American Multi-Cinema has elected to surrender back to NCM LLC for cancellation, 1,479,638 Common Units pursuant to the Common Unit Adjustment Agreement, dated February 13, 2007, between American Multi-Cinema and National CineMedia, LLC.
3. Of the reported securities, all 17,323,782 Common Units are owned directly by American Multi-Cinema, Inc. All of the reported Common Units are owned indirectly by AMC Entertainment Inc., Marquee Holdings Inc. and AMC Entertainment Holdings, Inc.
Remarks:
Exhibit List Exhibit 99.1 - Joint Filer Information
See signatures attached as Exhibit 99.1 03/23/2011
** 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.