Corii D. Berg - Jul 19, 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Role
General Counsel
Signature
Corii D. Berg (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGFB
Transactions as of
Jul 19, 2021
Transactions value $
-$31,368
Form type
4
Date filed
7/21/2021, 08:26 PM
Previous filing
Jul 6, 2021
Next filing
Jul 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Award $0 +34.2K +30.78% $0.00 145K Jul 19, 2021 Direct F1, F2
transaction LGFB Class B Common Shares Award $0 +1.47K +1.01% $0.00 147K Jul 19, 2021 Direct F2, F3
transaction LGFB Class B Common Shares Tax liability -$10.6K -726 -0.49% $14.61* 146K Jul 19, 2021 Direct F2, F4
transaction LGFB Class B Common Shares Award $0 +2.87K +1.96% $0.00 149K Jul 19, 2021 Direct F2, F3
transaction LGFB Class B Common Shares Tax liability -$20.8K -1.42K -0.95% $14.61 148K Jul 19, 2021 Direct F2, F5
holding LGFB Class A Common Shares 0 Jul 19, 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 +4.62K $0.00 4.62K Jul 19, 2021 Class B Common Shares 4.62K $23.46 Direct F6
transaction LGFB Non-qualified stock options (right to buy) Award $0 +7.95K $0.00 7.95K Jul 19, 2021 Class B Common Shares 7.95K $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.