SEC Form 4 · accession 0001558979-17-000003
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
Oct 4, 2017
Accepted (ET)
Oct 5, 2017 · 5:39 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common SharesF1,F2 | Oct 4, 2017 | A | 9,375 | $0.00 | A | 84,056 | D | |
| Class A Common SharesF3,F2 | Oct 4, 2017 | F | 4,892 | $32.20 | D | 79,164 | D | |
| Class B Common SharesF1,F2 | Oct 4, 2017 | A | 9,375 | $0.00 | A | 84,016 | D | |
| Class B Common SharesF3,F2 | Oct 4, 2017 | F | 4,892 | $30.85 | D | 79,124 | 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 optionsF4 | $39.16 | Oct 4, 2017 | A | 16,582 | A | Oct 4, 2017 | Nov 13, 2025 | Class A Common Shares | 16,582 | 16,582 | D |
| Non-qualified stock optionsF4 | $37.86 | Oct 4, 2017 | A | 16,582 | A | Oct 4, 2017 | Nov 13, 2025 | Class B Common Shares | 16,582 | 16,582 | D |
Explanation of responses
- F1Shares 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.
- F2Amount includes 18,750 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 on September 30, 2018 and September 30, 2019.
- F3Represents 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 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 October 4, 2017, the reporting person vested in performance options as to 16,582 common shares, as certain performance criteria for such year and tranches were met.