SEC Form 4 · accession 0001308871-15-000007
STARZ ENTERTAINMENT CORP /CN/ · STRZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Goldsmith
Officer — Co-Chief Operating Officer
Period of report
Sep 30, 2015
Accepted (ET)
Oct 1, 2015 · 5:43 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 | Sep 30, 2015 | F | 12,002 | $35.83 | D | 70,781 | D | |
| Common SharesF2 | Sep 30, 2015 | A | 25,000 | $0.00 | A | 95,781 | D | |
| Common SharesF3 | Sep 30, 2015 | F | 13,045 | $36.80 | D | 82,736 | 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 | $15.76 | Sep 30, 2015 | A | 41,667 | A | Sep 30, 2015 | Oct 3, 2022 | Common Shares | 41,667 | 41,667 | D |
Explanation of responses
- F1Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 25,000 restricted share units. The grant of the restricted share units was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2012 Incentive Plan and the Issuer's policies, 12,002 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.
- F2Shares 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.
- F3Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 25,000 restricted share performance units. The grant of the 25,000 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2012 Performance Incentive Plan and the Issuer's policies, 13,045 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.
- F4On September 30, 2015, the reporting person vested in performance options as to 41,667 shares, as certain performance criteria for such year and tranche of vesting were met.