Corii D. Berg - Jul 1, 2022 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Signature
Corii D. Berg (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGFB
Transactions as of
Jul 1, 2022
Transactions value $
-$8,751
Form type
4
Date filed
7/6/2022, 04:03 PM
Previous filing
Jun 3, 2022
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGFB Class B Common Shares Tax liability -$8.75K -991 -0.42% $8.83 234K Jul 1, 2022 Direct F1, F2
holding LGFB Class A Common Shares 0 Jul 1, 2022 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 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, 991 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) 3,940 restricted share units that are scheduled to vest on May 15, 2023; (iii) 34,223 restricted share units that are scheduled to vest in three equal annual installments beginning July 19, 2022; and (iv) 85,595 restricted share units that are scheduled to vest on June 1, 2023.