Form: 4

Statement of changes in beneficial ownership of securities

May 10, 2023

4: Statement of changes in beneficial ownership of securities

Published on May 10, 2023

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*
Antara Capital LP

(Last) (First) (Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AMC ENTERTAINMENT HOLDINGS, INC. [ AMC,APE ]
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)
05/08/2023
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
Rule 10b5-1(c) Transaction Indication

  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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
Total Return Swap(5) (5) 05/08/2023 P/K 400,000 04/03/2023 04/03/2024 Class A Common Stock 400,000 $5.91(5) 0 I See Footnotes(1)(2)(3)(4)
Total Return Swap(6) (6) 05/08/2023 P/K 325,581 02/02/2023 02/02/2024 Class A Common Stock 325,581 $5.91(6) 200,000 I See Footnotes(1)(2)(3)(4)
Total Return Swap(7) (7) 05/08/2023 P/K 200,000 02/02/2023 02/02/2024 Class A Common Stock 200,000 $5.9(7) 0 I See Footnotes(1)(2)(3)(4)
1. Name and Address of Reporting Person*
Antara Capital LP

(Last) (First) (Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Antara Capital Fund GP LLC

(Last) (First) (Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Antara Capital Master Fund LP

(Last) (First) (Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Antara Capital GP LLC

(Last) (First) (Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Gulati Himanshu

(Last) (First) (Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
Explanation of Responses:
1. This Form 4 is being filed on behalf of (i) Antara Capital Master Fund LP, a Cayman Islands exempted limited partnership ("Antara Master Fund"), (ii) Antara Capital LP, a Delaware limited partnership ("Antara Capital"), (iii) Antara Capital GP LLC, a Delaware limited liability company ("Antara GP"), (iv) Antara Capital Fund GP LLC, a Delaware limited liability company ("Antara Fund GP") and (v) Himanshu Gulati (collectively, the "Reporting Persons").
2. Antara Capital serves as the investment manager of Antara Master Fund. Antara Fund GP is the general partner of Antara Master Fund and Antara GP is the general partner of Antara Capital. Himanshu Gulati is the sole member of Antara Fund GP and Antara GP. Each of Antara Capital, Antara GP, Antara Fund GP and Himanshu Gulati may be deemed to indirectly beneficially own the securities held directly by Antara Master Fund and each disclaims beneficial ownership of all such securities except to the extent of any indirect pecuniary interest therein.
3. The securities are held directly by Antara Master Fund.
4. This report shall not be deemed an admission that the Reporting Persons or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
5. Antara Master Fund closed its total return swap with a counterparty via acquiring "notional" shares of Class A Common Stock. The swap agreement provided that, upon settlement of the swap, the counterparty would pay the per share price of $3.82 to the reporting person, and the reporting person would pay to the counterparty an amount equal to the then per share market price, for each of the applicable number of shares.
6. Antara Master Fund closed a portion of its total return swap with a counterparty via acquiring "notional" shares of Class A Common Stock. The swap agreement provided that, upon settlement of the swap, the counterparty would pay the per share price of $6.114 to the reporting person, and the reporting person would pay to the counterparty an amount equal to the then per share market price, for each of the applicable number of shares.
7. Antara Master Fund closed its total return swap with a counterparty by delivering 200,000 shares of Class A Common Stock to the same counterparty. The swap agreement provided that, upon settlement of the swap, the counterparty would pay the per share price of $6.114 to the reporting person, and the reporting person would pay to the counterparty an amount equal to the then per share market price, for each of the applicable number of shares.
Antara Capital Master Fund LP By: Antara Capital LP, not in its individual corporate capacity, but solely as Investment Advisor and agent By: Antara Capital GP LLC, its general partner By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Managing Member 05/10/2023
Antara Capital LP By: Antara Capital GP LLC, its general partner By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Managing Member 05/10/2023
Antara Capital GP LLC By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Managing Member 05/10/2023
Antara Capital Fund GP LLC By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Managing Member 05/10/2023
/s/ Himanshu Gulati Himanshu Gulati 05/10/2023
** 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.