Drake Joseph 4
4 · LIONS GATE ENTERTAINMENT CORP /CN/ · Filed Jul 2, 2010
Insider Transaction Report
Form 4
Drake Joseph
Co-Chief Operating Officer
Transactions
- Tax Payment
Common Shares
2010-06-30$6.98/sh−121,931$851,078→ 658,683 total - Award
Common Shares
2010-06-30+262,500→ 780,614 total - Tax Payment
Common Shares
2010-06-30$6.98/sh−73,159$510,650→ 585,524 total
Footnotes (3)
- [F1]Represents an aggregate of 262,500 common shares issued upon the accelerated vesting of restricted share performance units, as per the terms of an employment agreement with the reporting person.
- [F2]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 262,500 restricted share performance units. The grant of the 262,500 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2004 Incentive Plan and the Issuer's policies, 121,931 common shares were automatically canceled to cover certain of the reporting persons tax obligations. No common shares were sold by the Issuer or the reporting person.
- [F3]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 157,500 restricted share units. The grant of the 157,500 restricted share units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2004 Incentive Plan and the Issuer's policies, 73,159 common shares were automatically canceled to cover certain of the reporting persons tax obligations. No common shares were sold by the Issuer or the reporting person.