Brian Goldsmith - 23 Jul 2023 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Role
Chief Operating Officer
Signature
Brian Goldsmith (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
23 Jul 2023
Net transactions value
-$539,868
Form type
4
Filing time
24 Jul 2023, 18:37:23 UTC
Previous filing
20 Jul 2023
Next filing
31 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability $269,934 -39,349 -3.8% $6.86 998,652 23 Jul 2023 Direct F1, F2
transaction LGFB Class B Common Shares Award $0 +79,365 +7.9% $0.000000 1,078,017 23 Jul 2023 Direct F2, F3
transaction LGFB Class B Common Shares Tax liability $269,934 -39,349 -3.7% $6.86 1,038,668 23 Jul 2023 Direct F2, F4
holding LGFB Class A Common Shares 83,012 23 Jul 2023 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, 39,349 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) 39,927 restricted share units that are scheduled to vest on July 19, 2024; (ii) 169,419 restricted share units that are scheduled to vest in three equal annual installments beginning July 27, 2023; and (iii) 209,832 restricted share units that are scheduled to vest in three equal annual installments beginning July 3, 2024.
F3 Represents common shares issued upon vesting of restricted share performance units granted pursuant to the terms of an employment agreement with the reporting person.
F4 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 79,365 Class B restricted share performance units. The grant of the units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2019 Performance Incentive Plan and the Issuer's policies, 39,349 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.