Michael Burns - May 14, 2022 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Signature
Michael Burns (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGFB
Transactions as of
May 14, 2022
Transactions value $
-$126,105
Form type
4
Date filed
5/16/2022, 04:28 PM
Previous filing
Apr 25, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability -$126K -11.5K -0.92% $10.94 1.25M May 14, 2022 Direct F1, F2
holding LGFB Class A Common Shares 1.04M May 14, 2022 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 33,334 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, 11,527 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F2 Amount includes 66,666 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 two equal annualinstallments beginning May 14, 2023.