4//SEC Filing
LIONS GATE ENTERTAINMENT CORP /CN/ 4
Accession 0001571049-16-020571
$STRZCIK 0000929351operating
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 9:27 PM ET
Size
31.0 KB
Accession
0001571049-16-020571
Insider Transaction Report
Form 4
Beeks Steve
President and Co-COO
Transactions
- Other
Class A Voting Shares
2016-12-08+52,683→ 52,683 total - Other
Employee stock option (right to buy)
2016-12-08+151,072→ 151,072 totalExercise: $14.29Exp: 2022-03-05→ Class A Voting Shares (151,072 underlying) - Other
Employee stock option (right to buy)
2016-12-08+57,322→ 57,322 totalExercise: $31.78Exp: 2020-05-08→ Class A Voting Shares (57,322 underlying) - Other
Employee stock option (right to buy)
2016-12-08+19,107→ 19,107 totalExercise: $31.78Exp: 2015-05-06→ Class A Voting Shares (19,107 underlying) - Other
Employee stock option (right to buy)
2016-12-08+57,322→ 57,322 totalExercise: $30.72Exp: 2020-05-08→ Class B Non-Voting Shares (57,322 underlying) - Other
Employee stock option (right to buy)
2016-12-08−307,474→ 0 totalExercise: $13.80Exp: 2022-03-05→ Common Shares (307,474 underlying) - Other
Employee stock option (right to buy)
2016-12-08+151,072→ 151,072 totalExercise: $13.81Exp: 2022-03-05→ Class B Non-Voting Shares (151,072 underlying) - Other
Employee stock option (right to buy)
2016-12-08−116,667→ 0 totalExercise: $30.70Exp: 2020-05-08→ Common Shares (116,667 underlying) - Other
Employee stock option (right to buy)
2016-12-08−38,889→ 0 totalExercise: $30.70Exp: 2015-05-06→ Common Shares (38,889 underlying) - Other
Employee stock option (right to buy)
2016-12-08+19,107→ 19,107 totalExercise: $30.72Exp: 2015-05-06→ Class B Non-Voting Shares (19,107 underlying) - Other
Common Shares
2016-12-08−105,365→ 0 total - Other
Class B Non-Voting Shares
2016-12-08+52,683→ 52,683 total
Footnotes (8)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7, each Common Share, without par value, was reclassified into 0.5 Class A voting shares, without par value, and 0.5 Class B non-voting shares, without par value (the "Reclassification"). Restricted share units and stock options granted prior to the Reclassification were equitably adjusted in connection with the Reclassification.
- [F2]Amount includes 22,222 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 two equal installments on May 5, 2017 and March 31, 2018.
- [F3]Amount includes 11,111 restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A voting shares of the Issuer, that are scheduled to vest in two equal installments on May 5, 2017 and March 31, 2018.
- [F4]Amount includes 11,111 restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B non-voting shares of the Issuer, that are scheduled to vest in two equal installments on May 5, 2017 and March 31, 2018.
- [F5]The options are vested.
- [F6]One-third of the options are vested, one-third of the options will vest on May 6, 2017 and one-third of the options will vest on March 31, 2018.
- [F7]Upon the completion of the Reclassification, each restricted share unit award was adjusted to cover (a) a number of Class A voting shares equal to the number of common shares subject to the restricted share unit award immediately prior to the Reclassification, multiplied by 0.5, rounded down to the nearest whole share and (b) a number of Class B non-voting shares equal to the number of common shares subject to the restricted share unit award immediately prior to the Reclassification, multiplied by 0.5, rounded down to the nearest whole share. Fractional Class A voting shares and Class B non-voting shares resulting from the adjustment were cancelled in exchange for a cash payment equal to the closing trading price of the Class A voting shares or Class B non-voting shares, as applicable, on December 9, 2016, multiplied by the fraction cancelled.
- [F8]Upon the completion of the Reclassification, the number of shares and exercise prices of the stock option awards were adjusted to preserve their pre-reclassification intrinsic value. Stock options were rounded down to the nearest share and up to the nearest penny, and cash was issued in lieu of lost value attributable to the adjustment.
Documents
Issuer
LIONS GATE ENTERTAINMENT CORP /CN/
CIK 0000929351
Entity typeoperating
IncorporatedBritish Columbia, Canada
Related Parties
1- filerCIK 0000929351
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 9:27 PM ET
- Size
- 31.0 KB