Michael Raymond Burns - 25 Jun 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Role
Vice Chair, Director
Signature
Michael Burns (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
25 Jun 2021
Net transactions value
$0
Form type
4
Filing time
29 Jun 2021, 21:03:26 UTC
Previous filing
08 Jun 2021
Next filing
25 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LGFB Class A Common Shares 1,037,746 25 Jun 2021 Direct
holding LGFB Class B Common Shares 1,257,196 25 Jun 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LGFB Share Appreciation Rights Award $0 +1,500,000 $0.000000 1,500,000 25 Jun 2021 Class B Common Shares 1,500,000 $17.02 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The performance criteria for the share appreciation rights was met as the volume-weighted average of the closing prices of Class B common shares over a period of thirty consecutive trading days was greater than or equal to $17.02.
F3 The share appreciation right vest in three equal annual installments beginning December 18, 2021.
F4 The share appreciation rights expire on December 18, 2031.