Corii D. Berg - May 15, 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Signature
Corii D. Berg (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGFB
Transactions as of
May 15, 2021
Transactions value $
-$36,611
Form type
4
Date filed
5/17/2021, 04:08 PM
Next filing
Jun 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability -$18.3K -1.36K -1.1% $13.44 123K May 15, 2021 Direct F1, F2
transaction LGFB Class B Common Shares Award $0 +3.94K +3.2% $0.00 127K May 15, 2021 Direct F2, F3
transaction LGFB Class B Common Shares Tax liability -$18.3K -1.36K -1.07% $13.44 126K May 15, 2021 Direct F1, F2
holding LGFB Class A Common Shares 0 May 15, 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 3,940 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, 1,362 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) 7,879 RSUs that are scheduled to vest in two equal annual installments beginning May 15, 2022; (ii) 5,734 RSUs that are scheduled to vest in two equal annual installments beginning July 21, 2021; (iii) 24,691 RSUS that are scheduled to vest on June 5, 2021; and (iv) 68,027 RSUS that are scheduled to vest in three equal installments beginning July 23, 2021.
F3 Shares issued upon vesting of restricted share performance units granted by the Issuer, which are payable in an equal number of Class B common shares of the Issuer.