SEC Form 4 · accession 0001558979-17-000004
STARZ ENTERTAINMENT CORP /CN/ · STRZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Barge
Officer — Chief Financial Officer
Period of report
Oct 4, 2017
Accepted (ET)
Oct 5, 2017 · 6:12 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 | Oct 4, 2017 | A | 3,125 | $0.00 | A | 38,913 | D | |
| Class A Common SharesF2 | Oct 4, 2017 | F | 1,631 | $32.20 | D | 37,282 | D | |
| Class B Common SharesF1,F3 | Oct 4, 2017 | A | 3,125 | $0.00 | A | 125,868 | D | |
| Class B Common SharesF2,F3 | Oct 4, 2017 | F | 1,631 | $30.85 | D | 124,237 | 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 | $38.76 | Oct 4, 2017 | A | 21,495 | A | Oct 4, 2017 | Sep 16, 2023 | Class A Common Shares | 21,495 | 21,495 | D |
| Non-qualified stock options (right to buy)F4 | $37.47 | Oct 4, 2017 | A | 21,495 | A | Oct 4, 2017 | Sep 16, 2023 | Class B Common Shares | 21,495 | 21,495 | D |
| Share Appreciation RightF5 | $25.22 | Oct 4, 2017 | A | 106,250 | A | Oct 4, 2017 | Dec 28, 2026 | Class B Common Shares | 106,250 | 106,250 | 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.
- F2Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 3,125 restricted share performance units. The grant of the 3,125 restricted share performance units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2017 Performance Incentive Plan and the Issuer's policies, 1,631 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.
- F3Amount includes 75,000 restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer, that are scheduled to vest in three equal annual installments beginning September 30, 2018.
- F4On October 4, 2017, the reporting person vested in performance options as to 21,495 common shares as certain performance criteria for such year and tranche of vesting were met.
- F5On October 4, 2017, the reporting person vested in a performance share appreciation right as to 106,250 Class B common shares as certain performance criteria for such year and tranche were met.