Corii D. Berg - 30 May 2022 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Signature
Corii D. Berg (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
30 May 2022
Net transactions value
-$12,776
Form type
4
Filing time
01 Jun 2022, 16:54:03 UTC
Previous filing
16 May 2022
Next filing
03 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Award $0 +3,939 +2.7% $0.000000 150,365 30 May 2022 Direct F1
transaction LGFB Class B Common Shares Tax liability $12,776 -1,362 -0.91% $9.38 149,003 30 May 2022 Direct F2
holding LGFB Class A Common Shares 0 30 May 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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) 3,940 restricted share units that are scheduled to vest on May 15, 2023; (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.
F2 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 3,939 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.