SEC Form 4 · accession 0001258247-15-000003
STARZ ENTERTAINMENT CORP /CN/ · STRZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne Levin
Officer — General Counsel and CSO
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 6:11 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 | Mar 31, 2015 | A | 33,334 | $0.00 | A | 131,180 | D | |
| Common SharesF3,F2 | Mar 31, 2015 | F | 17,269 | $33.92 | D | 113,911 | 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)F4 | $18.96 | Mar 31, 2015 | A | 58,334 | A | Mar 31, 2015 | Feb 7, 2023 | Common Shares | 58,334 | 58,334 | D |
Explanation of responses
- F1Shares issued upon vesting of restriced share performance units granted by the Issuer pursuant to the terms of the employment agreement with the reporting person, which are payable in an equal number of common shares of the Issuer.
- F2Amount includes 33,333 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 on February 7, 2016.
- F3Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 33,334 restricted share performance units. The grant of the 33,334 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2012 Performance Incentive Plan and the Issuer's policies, 17,269 common shares were automatically canceled to cover certain of the reporting peron's tax withholding obligations. No common shares were sold by the Issuer or reporting person.
- F4On March 31, 2015, the reporting person vested in performance options as to 58,334 shares, as certain performance criteria for such year and tranche of vesting were met.