SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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|Item 5.02.||Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.|
On March 17, 2021, the Compensation Committee of the Board of Directors of AMC Entertainment Holdings, Inc. (the “Company”) approved a cash retention bonus for Sean Goodman, the Chief Financial Officer of the Company. The retention bonus will be payable as follows, subject to Mr. Goodman continuing to be actively employed by the Company on a full-time basis as of each of the dates below:
March 17, 2022 $450,000
March 17, 2023 $450,000
March 17, 2024 $900,000
Each tranche will be paid in cash in a lump sum, less applicable tax withholdings, within three business days of each vesting date. If Mr. Goodman leaves employment at the Company for any reason, voluntarily or involuntarily, any amounts not yet paid as of such date shall be forfeited and canceled with no further amount due with respect to the retention bonus.
An amendment to Mr. Goodman’s employment agreement with respect to the retention bonus is filed with this Form 8-K as Exhibit 10.1 and incorporated herein by reference.
|Item 9.01.||Financial Statements and Exhibits.|
|10.1||Amendment executed March 19, 2021, to the Employment Agreement between AMC Entertainment Holdings, Inc. and Sean D. Goodman executed on October 6, 2020.|
|104||Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)|
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|AMC ENTERTAINMENT HOLDINGS, INC.|
|Date: March 19, 2021||By:||/s/ Sean D. Goodman|
|Name: Sean D. Goodman|
|Title: Executive Vice President and Chief Financial Officer|