James W. Barge - Jul 27, 2023 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Signature
James W. Barge (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGFB
Transactions as of
Jul 27, 2023
Transactions value $
-$213,893
Form type
4
Date filed
7/31/2023, 04:49 PM
Previous filing
Jul 24, 2023
Next filing
Sep 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability -$214K -30K -2.7% $7.13 1.08M Jul 27, 2023 Direct F1, F2
holding LGFB Class A Common Shares 91.3K Jul 27, 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 60,507 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, 29,999 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) 42,779 restricted share units that are scheduled to vest on July 19, 2024; (ii) 121,014 restricted share units that are scheduled to vest in two equal annual installments beginning July 27, 2024; and (iii) 194,844 restricted share units that are scheduled to vest in three equal annual installments beginning July 3, 2024.