Brian Goldsmith - Jul 23, 2022 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 23, 2022
Transactions value $
-$336,042
Form type
4
Date filed
7/25/2022, 04:47 PM
Previous filing
Jul 20, 2022
Next filing
Jul 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability -$336K -38.1K -5.68% $8.82 633K Jul 23, 2022 Direct F1, F2
holding LGFB Class A Common Shares 83K Jul 23, 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 79,365 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, 38,100 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
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) 79,365 restricted share units that are scheduled to vest on July 23, 2023; (ii) 79,854 restricted share units that are scheduled to vest in two equal annual installments beginning July 19, 2023; and (iii) 93,946 restricted share units that are scheduled to vest on June 1, 2023.