LIONS GATE ENTERTAINMENT CORP /CN/ 4
4 · LIONS GATE ENTERTAINMENT CORP /CN/ · Filed Mar 10, 2017
Insider Transaction Report
Form 4
LEVIN WAYNE
EVP and General Counsel
Transactions
- Award
Non-qualified stock options (right to buy)
2017-03-09+16,582→ 16,582 totalExercise: $39.16From: 2017-03-09Exp: 2025-11-13→ Class A Common Shares (16,582 underlying) - Award
Class B Common Shares
2017-03-09+9,375→ 105,910 total - Award
Class A Common Shares
2017-03-09+9,375→ 105,910 total - Tax Payment
Class A Common Shares
2017-03-09$26.23/sh−3,515$92,198→ 102,395 total - Tax Payment
Class B Common Shares
2017-03-09$24.45/sh−3,523$86,137→ 102,387 total - Award
Non-qualified stock options (right to buy)
2017-03-09+16,582→ 16,582 totalExercise: $37.86From: 2017-03-09Exp: 2025-11-13→ Class B Common Shares (16,582 underlying)
Footnotes (7)
- [F1]Shares issued upon vesting of restricted share performance units granted by the Issuer pursuant to the terms of an employment agreement with the reporting person, which are payable in an equal number of Class A common shares of the Issuer.
- [F2]Amount includes 18,750 restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A common shares of the Issuer, that are scheduled to vest in three equal annual installments beginning November 13, 2017.
- [F3]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 9,375 restricted share performance units. The grant of the 9,375 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2012 Performance Incentive Plan and the Issuer's policies, 3,515 Class A common shares were automatically canceled to cover certain of the reporting person's tax withholding obligations. No common shares were sold by the Issuer or the reporting person.
- [F4]Shares issued upon vesting of restricted share performance units granted by the Issuer pursuant to the terms of an employment agreement with the reporting person, which are payable in an equal number of Class B common shares of the Issuer.
- [F5]Amount includes 18,750 restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer, that are scheduled to vest in three equal annual installments beginning November 13, 2017.
- [F6]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 9,375 restricted share performance units. The grant of the 9,375 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2012 Performance Incentive Plan and the Issuer's policies, 3,523 Class B common shares were automatically canceled to cover certain of the reporting person's tax withholding obligations. No common shares were sold by the Issuer or the reporting person.
- [F7]On March 9, 2017, the reporting person vested in performance options as to 16,582 Class A Common Shares and 16,582 Class B Common Shares, as certain performance criteria for such year and tranches of vesting were met.