James W. Barge - Jul 15, 2024 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGF.B)

Role
Chief Financial Officer
Signature
James W. Barge (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGF.B
Transactions as of
Jul 15, 2024
Transactions value $
-$247,360
Form type
4
Date filed
7/17/2024, 04:05 PM
Previous filing
Jul 5, 2024
Next filing
Jul 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGF.B Class B Common Shares Award $0 +64.9K +5.97% $0.00 1.15M Jul 15, 2024 Direct F1, F2
transaction LGF.B Class B Common Shares Tax liability -$247K -29.6K -2.57% $8.35 1.12M Jul 15, 2024 Direct F2, F3
holding LGF.B Class A Common Shares 91.3K Jul 15, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares issued upon vesting of restricted share performance units granted pursuant to the terms of an employment agreement with the reporting person.
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) 129,896 restricted share units that are scheduled to vest in two equal annual installments beginning July 3, 2025.
F3 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 64,948 Class B restricted share performance units. The grant of the units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2023 Performance Incentive Plan and the Issuer's policies, 29,624 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.