Form 4 for STRZ STARZ ENTERTAINMENT CORP /CN/
Accepted 2021-10-07 00:00:00 ET · period of report 2021-10-05 · accession 0001558979-21-000006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-10-07 | 2021-10-05 | STRZ | Goldsmith Brian | COO | A - Grant | $0.00 | +16.1K | 606.9K | +3% | $0 |
| D | 2021-10-07 | 2021-10-05 | STRZ | Goldsmith Brian | COO | F - Tax | $13.58 | -7,985 | 599.0K | -1% | -$108.4K |
| D | 2021-10-07 | 2021-10-05 | STRZ | Goldsmith Brian | COO | A - Grant | $0.00 | +52.6K | 52.6K | New | $0 |
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 | 2021-10-05 | A | A | 16,105 | $0.00 | 606,939 | D | — | — | (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 common shares of the Issuer. (F2) Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 24,326 restricted share units that are scheduled to vest on July 1, 2022; (ii) 158,730 restricted share units that are scheduled to vest in two equal annual installments beginning July 23, 2022; and (iii) 119,781 restricted share units that are scheduled to vest in three equal annual installments beginning July 19, 2022. |
| 2 | Common | Class B Common Shares | 2021-10-05 | F | D | 7,985 | $13.58 | 598,954 | D | — | — | (F3) Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 16,105 Class B restricted share performance units. The grant of the restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2019 Performance Incentive Plan and the Issuer's policies, 7,985 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. (F2) Amount includes the following restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 24,326 restricted share units that are scheduled to vest on July 1, 2022; (ii) 158,730 restricted share units that are scheduled to vest in two equal annual installments beginning July 23, 2022; and (iii) 119,781 restricted share units that are scheduled to vest in three equal annual installments beginning July 19, 2022. |
| 3 | Derivative | Non-qualified stock options (right to buy) | 2021-10-05 | A | A | 52,562 | $0.00 | 52,562 | D | $18.11 · 2021-10-05 to 2028-11-12 | 52,562 Class B Common Shares | (F4) On October 5, 2021, the reporting person vested in performance options as to 52,562 Class B common shares, as certain performance criteria for such year and tranche was met. |