Corii D. Berg - 01 Jul 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Role
General Counsel
Signature
Corii D. Berg (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
01 Jul 2021
Net transactions value
-$39,290
Form type
4
Filing time
06 Jul 2021, 18:49:42 UTC
Previous filing
08 Jun 2021
Next filing
21 Jul 2021
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 $13,286 -726 -0.64% $18.30 112,611 01 Jul 2021 Direct F1, F2
transaction LGFB Class B Common Shares Tax liability $26,004 -1,421 -1.3% $18.30 111,190 01 Jul 2021 Direct F2, F3
holding LGFB Class A Common Shares 0 01 Jul 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 1,465 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, 726 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) 5,734 RSUs that are scheduled to vest in two equal annual installments beginning July 21, 2021; (ii) 68,027 RSUs that are scheduled to vest in three equal installments beginning July 23, 2021; (iii) 7,879 RSUs that are scheduled to vest in two equal annual installments beginning May 15, 2022; and (iv) 2,867 RSUs that are scheduled to vest on July 1, 2022.
F3 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 2,867 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, 1,421 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.