Michael Raymond Burns - 05 Jun 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Signature
Michael Burns (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
05 Jun 2021
Net transactions value
-$377,277
Form type
4
Filing time
08 Jun 2021, 17:52:09 UTC
Previous filing
24 May 2021
Next filing
29 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability $377,277 -21,424 -1.7% $17.61 1,257,196 05 Jun 2021 Direct F1, F2
holding LGFB Class A Common Shares 1,037,746 05 Jun 2021 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 43,210 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, 21,424 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F2 Amount includes 100,000 restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer, that are scheduled to vest in three equal annual installments beginning May 14, 2022.