SEC Form 4 · accession 0001258247-17-000003
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
Nov 13, 2017
Accepted (ET)
Nov 14, 2017 · 5:50 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common SharesF1,F2 | Nov 13, 2017 | F | 4,789 | $31.23 | D | 97,606 | D | |
| Class B Common SharesF3,F2 | Nov 13, 2017 | F | 4,892 | $30.05 | D | 97,495 | D | |
| Class A Common SharesF4,F2 | Nov 13, 2017 | A | 9,375 | $0.00 | A | 106,981 | D | |
| Class A Common SharesF5,F2 | Nov 13, 2017 | F | 4,892 | $30.69 | D | 102,089 | D | |
| Class B Common SharesF6,F2 | Nov 13, 2017 | A | 9,375 | $0.00 | A | 106,870 | D | |
| Class B Common SharesF7,F2 | Nov 13, 2017 | F | 4,892 | $29.55 | D | 101,978 | 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)F8 | $39.16 | Nov 13, 2017 | A | 16,582 | A | Nov 13, 2017 | Nov 13, 2025 | Class A Common Shares | 16,582 | 16,582 | D |
| Non-qualified tock options (right to buy)F8 | $37.86 | Nov 13, 2017 | A | 16,582 | A | Nov 13, 2017 | Nov 13, 2025 | Class B Common Shares | 16,582 | 16,582 | D |
Explanation of responses
- F1Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 9,376 restricted share units. The grant of the 9,376 restricted share units was previously reported and pursuant to the Lions Gate Entertainment Corp. 2017 Performance Incentive Plan and the Issuer's policies, 4,789 Class A 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 9,374 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 November 13, 2018.
- F3Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 9,376 restricted share units. The grant of the 9,376 restricted share units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2017 Performance Incentive Plan and the Issuer's policies, 4,892 Class B 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.
- F4Shares 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 Class A common shares of the Issuer.
- F5Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 9,375 restricted share performance units. The grant of the 9,375 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2017 Performance Incentive Plan and the Issuer's policies, 4,892 Class A 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.
- F6Shares 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 Class B common shares of the Issuer.
- F7Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 9,375 restricted share performance units. The grant of the 9,375 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2017 Performance Incentive Plan and the Issuer's policies, 4,892 Class B 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.
- F8On November 13, 2017, the reporting person vested in performance options as to 16,582 Class A common shares and 16,582 Class B common shares, as certain performance criteria for such year and tranches of vesting were met.