Drake Joseph 4
4 · LIONS GATE ENTERTAINMENT CORP /CN/ · Filed Aug 10, 2011
Insider Transaction Report
Form 4
Drake Joseph
Co-Chief Operating Officer
Transactions
- Tax Payment
Common Shares
2011-08-06$6.69/sh−2,430$16,257→ 619,997 total
Footnotes (2)
- [F1]Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 6,666 restricted share units. The grant of the 6,666 restricted share units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2004 Incentive Plan and the Issuer's policies, 2,430 common shares were automatically canceled to cover certain of the reporting person's tax obligations. No common shares were sold by the Issuer or the reporting person.
- [F2]Includes (i) 6,667 restricted share units granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer, that are scheduled to vest on August 6, 2012 and (ii) 40,000 restricted share units granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer, that are scheduled to vest in three equal installments beginning June 27, 2012.