Brian Goldsmith - 05 Oct 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Signature
Brian Goldsmith (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
05 Oct 2021
Net transactions value
-$108,436
Form type
4
Filing time
07 Oct 2021, 16:29:39 UTC
Previous filing
13 Sep 2021
Next filing
03 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Award $0 +16,105 +2.7% $0.000000 606,939 05 Oct 2021 Direct F1, F2
transaction LGFB Class B Common Shares Tax liability $108,436 -7,985 -1.3% $13.58 598,954 05 Oct 2021 Direct F2, F3
holding LGFB Class A Common Shares 83,012 05 Oct 2021 Direct

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 Non-qualified stock options (right to buy) Award $0 +52,562 $0.000000 52,562 05 Oct 2021 Class B Common Shares 52,562 $18.11 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued upon vesting of restricted share performance units granted by the Issuer pursuant to the terms of an employment agreement with the reporting person, which are payable in an equal number of common shares of the Issuer.
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) 24,326 restricted share units that are scheduled to vest on July 1, 2022; (ii) 158,730 restricted share units that are scheduled to vest in two equal annual installments beginning July 23, 2022; and (iii) 119,781 restricted share units that are scheduled to vest in three equal annual installments beginning July 19, 2022.
F3 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 16,105 Class B restricted share performance units. The grant of the restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2019 Performance Incentive Plan and the Issuer's policies, 7,985 Class B common shares were automatically canceled to cover certain of the reporting person's tax withholding obligations. No common shares were sold by the Issuer or the reporting person.
F4 On October 5, 2021, the reporting person vested in performance options as to 52,562 Class B common shares, as certain performance criteria for such year and tranche was met.