SEC Form 4 · accession 0001507934-15-000031
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
Apr 8, 2015
Accepted (ET)
Apr 10, 2015 · 10:16 am EDT
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 | Apr 8, 2015 | M | 6,500 | $11.31 | A | 39,250 | D | |
| Series A Common StockF2 | Apr 8, 2015 | S | 6,500 | $34.9442 | D | 32,750 | D |
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 | Apr 8, 2015 | M | 6,500 | D | — | Mar 2, 2019 | Series A Common Stock | 6,500 | 60,469 | 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.
- F2The price is a weighted average price. These shares were sold in multiple transactions ranging from $34.39 to $35.30, inclusive. The Reporting Person agrees to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares sold at each separate price.
- F3The remaining Stock Options vest ratably each quarter through March 2, 2016.