Corii D. Berg - 19 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: 19 Jul 2021
Net transactions value: -$31,368
Form type: 4
Filing time: 21 Jul 2021, 20:26:46 UTC
Previous filing: 06 Jul 2021
Next filing: 26 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	Award	$0	+34,223	+31%	$0.000000	145,413	19 Jul 2021	Direct	F1, F2
transaction	LGFB	Class B Common Shares	Award	$0	+1,465	+1%	$0.000000	146,878	19 Jul 2021	Direct	F2, F3
transaction	LGFB	Class B Common Shares	Tax liability	$10,607	-726	-0.49%	$14.61^*	146,152	19 Jul 2021	Direct	F2, F4
transaction	LGFB	Class B Common Shares	Award	$0	+2,867	+2%	$0.000000	149,019	19 Jul 2021	Direct	F2, F3
transaction	LGFB	Class B Common Shares	Tax liability	$20,761	-1,421	-0.95%	$14.61	147,598	19 Jul 2021	Direct	F2, F5
holding	LGFB	Class A Common Shares						0	19 Jul 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	+4,617		$0.000000	4,617	19 Jul 2021	Class B Common Shares	4,617	$23.46	Direct	F6
transaction	LGFB	Non-qualified stock options (right to buy)	Award	$0	+7,946		$0.000000	7,946	19 Jul 2021	Class B Common Shares	7,946	$11.99	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted share units ("RSUs") granted by the Issuer pursuant to the terms of an employment agreement with the reporting person.
F2	Amount includes the following RSUs granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 68,027 RSUs that are scheduled to vest in three equal annual installments beginning July 23, 2022 (ii) 7,879 RSUs that are scheduled to vest in two equal annual installments beginning May 15, 2022; (iii) 2,867 RSUs that are scheduled to vest on July 1, 2022; and (iv) 34,223 RSUs that are scheduled to vest in three equal annual installments beginning July 19, 2022.
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.
F4	Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 1,465 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, 726 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F5	Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 2,867 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, 1,421 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F6	The reporting person vested in performance options as to Class B common shares, as certain performance criteria for such year and tranche were met.