Corii D. Berg - 27 Jul 2022 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
27 Jul 2022
Net transactions value
-$112,182
Form type
4
Filing time
29 Jul 2022, 17:08:42 UTC
Previous filing
25 Jul 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 Award $0 +2,867 +1.3% $0.000000 224,688 27 Jul 2022 Direct F1, F2
transaction LGFB Class B Common Shares Tax liability $8,701 -991 -0.44% $8.78 223,697 27 Jul 2022 Direct F2, F3
transaction LGFB Class B Common Shares Award $0 +11,408 +5.1% $0.000000 235,105 27 Jul 2022 Direct F1, F2
transaction LGFB Class B Common Shares Tax liability $34,637 -3,945 -1.7% $8.78 231,160 27 Jul 2022 Direct F2, F4
transaction LGFB Class B Common Shares Award $0 +22,675 +9.8% $0.000000 253,835 27 Jul 2022 Direct F1, F2
transaction LGFB Class B Common Shares Disposed to Issuer $68,844 -7,841 -3.1% $8.78 245,994 27 Jul 2022 Direct F2, F5
transaction LGFB Class B Common Shares Award $0 +48,405 +20% $0.000000 294,399 27 Jul 2022 Direct F6, F7
holding LGFB Class A Common Shares 0 27 Jul 2022 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 +7,946 $0.000000 7,946 27 Jul 2022 Class B Common Shares 7,946 $11.99 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class B common shares issued upon vesting of restricted share performance units granted pursuant to the terms of an employment agreement with the reporting person.
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) 22,676 restricted share units that are scheduled to vest on July 23, 2023; (ii) 3,940 restricted share units that are scheduled to vest on May 15, 2023; (iii) 22,815 restricted share units that are scheduled to vest in two equal annual installments beginning July 19, 2023; and (iv) 85,595 restricted share units that are scheduled to vest on June 1, 2023.
F3 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, 991 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F4 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 11,408 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, 3,945 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 22,675 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, 7,841 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F6 Represents restricted share units granted by the Issuer pursuant to the terms of an employment agreement with the reporting person.
F7 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) 22,676 restricted share units that are scheduled to vest on July 23, 2023; (ii) 3,940 restricted share units that are scheduled to vest on May 15, 2023; (iii) 22,815 restricted share units that are scheduled to vest in two equal annual installments beginning July 19, 2023; (iv) 85,595 restricted share units that are scheduled to vest on June 1, 2023; and (v) 48,406 restricted share units that are scheduled to vest in three equal annual installments beginning July 27, 2023.
F8 Represents vesting of performance options as to Class B common shares granted pursuant to the terms of an employment agreement with the reporting person.