Bruce Tobey - Jul 15, 2024 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGF.B)

Role
General Counsel
Signature
Bruce Tobey (By Adrian Kuzycz by Power of Attorney)
Stock symbol
LGF.B
Transactions as of
Jul 15, 2024
Transactions value $
-$84,569
Form type
4
Date filed
7/17/2024, 04:04 PM
Previous filing
Jul 8, 2024
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGF.B Class B Common Shares Award $0 +20K +25.67% $0.00 97.8K Jul 15, 2024 Direct F1, F2
transaction LGF.B Class B Common Shares Tax liability -$84.6K -10.1K -10.35% $8.35 87.7K Jul 15, 2024 Direct F2, F3
holding LGF.B Class A Common Shares 0 Jul 15, 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 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) 17,674 restricted share units that are scheduled to vest in two equal annual installments beginning March 27, 2025; and (ii) 39,968 restricted share units that are scheduled to vest in two equal annual installments beginning July 3, 2025.
F3 Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 19,984 Class B restricted share performance units. The grant of the units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2023 Performance Incentive Plan and the Issuer's policies, 10,128 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.