Corii D. Berg - 23 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
23 Jul 2021
Net transactions value
-$309,520
Form type
4
Filing time
26 Jul 2021, 16:29:47 UTC
Previous filing
21 Jul 2021
Next filing
16 May 2022
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 $156,615 -11,243 -7.6% $13.93 136,355 23 Jul 2021 Direct F1, F2
transaction LGFB Class B Common Shares Award $0 +22,676 +17% $0.000000 159,031 23 Jul 2021 Direct F2, F3
transaction LGFB Class B Common Shares Tax liability $152,905 -11,243 -7.1% $13.60 147,788 23 Jul 2021 Direct F2, F4
holding LGFB Class A Common Shares 0 23 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 22,676 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, 11,243 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) 45,351 restricted share units that are scheduled to vest in two equal annual installments beginning July 23, 2022; (ii) 7,879 restricted share units that are scheduled to vest in two equal annual installments beginning May 15, 2022; (iii) 2,867 restricted share units that are scheduled to vest on July 1, 2022; and (iv) 34,223 restricted share units 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 22,676 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, 11,243 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.