SEC Form 4 · accession 0001507934-15-000007
Starz Acquisition LLC · STRZA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Thornton
Officer — EVP/CRO StrzMedia/Entertainm't
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 12:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507934
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Common Stock | Feb 3, 2015 | M | 6,500 | $11.31 | A | 40,540 | D | |
| Series A Common Stock | Feb 3, 2015 | S | 6,500 | $30.00 | D | 34,040 | D | |
| Series A Common StockF2 | holding | — | — | — | 0 | I | By 401(k) Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $11.31 | Feb 3, 2015 | M | 6,500 | D | — | Mar 2, 2019 | Series A Common Stock | 6,500 | 79,969 | D |
Explanation of responses
- F1Such transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2In connection with the Issuer's transition to a new 401(k) savings plan for its employees, all shares of Series A common stock held by the Reporting Person in the Issuer's former 401(k) plan (the "former plan") were sold on the Reporting Person's behalf at the direction of the plan administrator for the former plan.
- F3The remaining Stock Options vest ratably each quarter through March 2, 2016.