Form 4 for STRZ STARZ ENTERTAINMENT CORP /CN/
Accepted 2024-07-17 00:00:00 ET · period of report 2024-07-15 · accession 0001254639-24-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-07-17 | 2024-07-15 | STRZ | BURNS MICHAEL RAYMOND | Vice COB, Dir | A - Grant | $0.00 | +69.9K | 1.63M | +4% | $0 | |
| 2024-07-17 | 2024-07-15 | STRZ | BURNS MICHAEL RAYMOND | Vice COB, Dir | F - Tax | $8.35 | -35.4K | 1.59M | -2% | -$296.0K | |
| 2024-07-17 | 2024-07-15 | STRZ | BURNS MICHAEL RAYMOND | Vice COB, Dir | J - Other | $8.35 | -34.5K | 1.56M | -2% | -$288.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Shares | 2024-07-15 | A | A | 69,944 | $0.00 | 1,626,573 | D | — | — | (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 139,888 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 two equal annual installments beginning July 3, 2025. |
| 2 | Common | Class B Common Shares | 2024-07-15 | F | D | 35,448 | $8.35 | 1,591,125 | D | — | — | (F3) Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 69,944 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, 35,448 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations. (F2) Amount includes 139,888 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 two equal annual installments beginning July 3, 2025. |
| 3 | Common | Class B Common Shares | 2024-07-15 | J | D | 34,496 | $8.35 | 1,556,629 | D | — | — | (F4) Represents cash settlement of common shares issued upon the vesting of Class B restricted share units, the grant of which is reported herein. (F2) Amount includes 139,888 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 two equal annual installments beginning July 3, 2025. |