Brian Goldsmith - Jul 1, 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Signature
Brian Goldsmith (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGFB
Transactions as of
Jul 1, 2021
Transactions value $
-$220,698
Form type
4
Date filed
7/6/2021, 06:10 PM
Previous filing
Jun 8, 2021
Next filing
Jul 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability -$221K -12.1K -2.52% $18.30 466K Jul 1, 2021 Direct F1, F2
holding LGFB Class A Common Shares 83K Jul 1, 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 24,325 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, 12,060 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F2 Amount includes the following restricted share units ("RSUs") granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 16,105 RSUs that are scheduled to vest on September 11, 2021; (ii) 24,326 RSUs that are scheduled to vest on July 1, 2022; and (iii) 238,095 RSUs that are scheduled to vest in three equal annual installments beginning July 23, 2021.