SEC Form 4 · accession 0001254639-16-000008
STARZ ENTERTAINMENT CORP /CN/ · STRZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Raymond Burns
Officer — Vice Chairman · Director
Period of report
May 8, 2016
Accepted (ET)
May 10, 2016 · 5:40 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 | May 8, 2016 | F | 4,078 | $21.58 | D | 1,694,973 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 10,851 restricted share units. The grant of the restricted share units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2012 Performance Incentive Plan and the Issuer's policies, 4,978 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 the following restricted share units granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 32,500 restricted share units that are scheduled to vest on October 10, 2016; and (ii) 21,701 restricted share units that are scheduled to vest in two equal installments beginning May 8, 2017.