Filing Details

Accession Number:
0000899243-16-029051
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2016-09-15 17:24:50
Reporting Period:
2015-11-10
Filing Date:
2016-09-15
Accepted Time:
2016-09-15 17:24:50
Original Submission Date:
2015-11-13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
929351 Lions Gate Entertainment Corp LGF Services-Motion Picture & Video Tape Production (7812) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1194368 Md H Mark Rachesky 1345 Avenue Of The Americas
42Nd Floor
New York NY 10105
Yes No Yes No
1277742 Mhr Fund Management Llc 1345 Avenue Of The Americas
42Nd Floor
New York NY 10105
No No Yes No
1552702 Mhr Holdings Llc 1345 Avenue Of The Americas
42Nd Floor
New York NY 10105
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Disposition 2015-11-10 462,336 $39.02 1,396,767 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Footnotes
  1. On November 10, 2015, (i) MHR Capital Partners Master Account LP, an Anguilla, British West Indies limited partnership ("Master Account"), MHR Capital Partners (100) LP, a Delaware limited partnership ("Capital Partners (100)"), MHR Institutional Partners II LP, a Delaware limited partnership ("Institutional Partners II"), MHR Institutional Partners IIA LP, a Delaware limited partnership ("Institutional Partners IIA"), and Institutional Partners III LP, a Delaware limited partnership ("Institutional Partners III") (collectively, "the MHR Funds"), (ii) Liberty Global Incorporated Limited, a limited company organized under the laws of England and Wales ("Liberty"), (iii) Discovery Lightning Investments Ltd., a limited company organized under the laws of England and Wales ("Discovery" and, together with Liberty, the "Buyers") and (iv) the parent companies of the Buyers entered into a Share Purchase Agreement (the "Share Purchase Agreement"). (Continued to footnote 2)
  2. Pursuant to the Share Purchase Agreement, the MHR Funds agreed to sell 5,000,000 Common Shares in the aggregate to each of the Buyers. Master Account sold 462,336 Common Shares rather than 426,336 Common Shares as was reported in the Form 4 filed on November 13, 2015.
  3. The price represents the sale price to the Buyers of $39.02 per Common Share under the Share Purchase Agreement.
  4. The Common Shares reported as owned on this Form 4 do not include an additional 14,411,195 Common Shares, which the reporting persons may be deemed to beneficially own as a result of that certain Voting and Standstill Agreement by and among the Issuer, the Buyers, the parent companies of the Buyers, John C. Malone, the MHR Funds and Fund Management, but as to which they have no pecuniary interest.
  5. These Common Shares are held for the account of Master Account. MHR Advisors LLC, a Delaware limited liability company ("Advisors"), is the general partner of Master Account. MHRC LLC, a Delaware limited liability company ("MHRC"), is the managing member of Advisors. Mark H. Rachesky, M.D. ("Dr. Rachesky") is the managing member of MHRC. MHR Fund Management LLC ("Fund Management") has an investment management agreement with Master Account pursuant to which it has the power to vote or direct the vote and to dispose or to direct the disposition of the Common Shares held for the account of Master Account. MHR Holdings LLC, a Delaware limited liability company ("MHR Holdings"), is the managing member of Fund Management. (Continued to footnote 6)
  6. Accordingly, Advisors, MHRC, Fund Management, MHR Holdings and Dr. Rachesky may be deemed to beneficially own the Common Shares held for the account of Master Account. Each of Advisors, MHRC, Fund Management, MHR Holdings and Dr. Rachesky disclaims beneficial ownership of such Common Shares except to the extent of their pecuniary interest therein.