Bruce Tobey - 27 Mar 2024 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (STRZ)

Signature
Bruce Tobey (By Adrian Kuzycz by Power of Attorney)
Issuer symbol
STRZ
Transactions as of
27 Mar 2024
Net transactions value
-$39,191
Form type
4
Filing time
28 Mar 2024, 16:40:15 UTC
Previous filing
29 Mar 2024
Next filing
15 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGF.B Class B Common Shares Tax liability $39,191 -4,479 -5.2% $8.75 81,984 27 Mar 2024 Direct F1, F2
holding LGF.B Class A Common Shares 0 27 Mar 2024 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 8,837 Class B restricted share units. The grant of the units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2023 Performance Incentive Plan and the Issuer's policies, 4,479 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) 17,674 restricted share units that are scheduled to vest in two equal annual installments beginning March 27, 2025; and (ii) 59,952 restricted share units that are scheduled to vest in three equal annual installments beginning July 3, 2024.