James W. Barge - 19 Jul 2023 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Role
Chief Financial Officer
Signature
James W. Barge (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
19 Jul 2023
Net transactions value
-$305,424
Form type
4
Filing time
20 Jul 2023, 16:35:42 UTC
Previous filing
05 Jul 2023
Next filing
24 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability $148,258 -21,210 -1.9% $6.99 1,090,120 19 Jul 2023 Direct F1, F2
transaction LGFB Class B Common Shares Award $0 +42,779 +3.9% $0.000000 1,132,899 19 Jul 2023 Direct F2, F3
transaction LGFB Class B Common Shares Tax liability $157,166 -21,210 -1.9% $7.41 1,111,689 19 Jul 2023 Direct F2, F4
holding LGFB Class A Common Shares 91,282 19 Jul 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 42,779 Class B restricted share units. The grant of the units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2019 Performance Incentive Plan and the Issuer's policies, 21,210 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F2 Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 90,703 restricted share units that are scheduled to vest on July 23, 2023; (ii) 42,779 restricted share units that are scheduled to vest on July 19, 2024; (iii) 181,521 restricted share units that are scheduled to vest in three equal annual installments beginning July 27, 2023; and (iv) 194,844 restricted share units that are scheduled to vest in three equal annual installments beginning July 3, 2024.
F3 Represents common shares issued upon vesting of restricted share performance units granted pursuant to the terms of an employment agreement with the reporting person.
F4 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 42,779 Class B restricted share performance units. The grant of the units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2019 Performance Incentive Plan and the Issuer's policies, 21,210 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.