SEC Form 4 · accession 0001237441-15-000005
STARZ ENTERTAINMENT CORP /CN/ · STRZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Barge
Officer — Chief Financial Officer · Director
Period of report
Sep 16, 2015
Accepted (ET)
Sep 18, 2015 · 6:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929351
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Sep 16, 2015 | F | 2,843 | $38.51 | D | 56,118 | D | |
| Common SharesF3,F2 | Sep 16, 2015 | A | 6,250 | $0.00 | A | 62,368 | D | |
| Common SharesF4,F2 | Sep 16, 2015 | F | 3,261 | $39.27 | D | 59,107 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified stock options (right to buy)F5 | $32.00 | Sep 16, 2015 | A | 43,750 | A | Sep 15, 2015 | Sep 16, 2023 | Common Shares | 43,750 | 43,750 | D |
Explanation of responses
- F1Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 6,250 restricted share units. The grant of the 6,250 restricted share units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2012 Performance Incentive Plan and the Issuer's policies, 2,843 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.
- F2Amount includes 12,500 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 annual installments beginning September 16, 2016.
- F3Shares 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.
- F4Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 6,250 restricted share performance units. The grant of the 6,250 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertaianment Corp. 2012 Performance Incentive Plan and the Issuer's policies, 3,261 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.
- F5On September 16, 2015, the reporting person vested in a performance option as to 43,750 shares, as certain performance criteria for such year and tranche of vesting were met.