Brian Goldsmith - Oct 5, 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Role: Chief Operating Officer
Signature: Brian Goldsmith (By Adrian Kuzycz by Power of Attorney)
Stock symbol: LGFB
Transactions as of: Oct 5, 2021
Transactions value $: -$108,436
Form type: 4
Date filed: 10/7/2021, 04:29 PM
Previous filing: Sep 13, 2021
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	Award	$0	+16.1K	+2.73%	$0.00	607K	Oct 5, 2021	Direct	F1, F2
transaction	LGFB	Class B Common Shares	Tax liability	-$108K	-7.99K	-1.32%	$13.58	599K	Oct 5, 2021	Direct	F2, F3
holding	LGFB	Class A Common Shares						83K	Oct 5, 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	+52.6K		$0.00	52.6K	Oct 5, 2021	Class B Common Shares	52.6K	$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.