Sec Form 4 Filing - BURNS MICHAEL RAYMOND @ Lionsgate Studios Corp. - 2025-05-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BURNS MICHAEL RAYMOND
2. Issuer Name and Ticker or Trading Symbol
Lionsgate Studios Corp. [ LION]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VICE CHAIR
(Last) (First) (Middle)
2700 COLORADO AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
05/09/2025
(Street)
SANTA MONICA, CA90404
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 05/09/2025 J 454,270 ( 1 ) A $ 0 3,033,286 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified stock option (right to buy) $ 22.3 05/09/2025 J 469,300 ( 3 ) 11/03/2026 Common Shares 469,300 $ 0 469,300 D
Non-qualified stock option (right to buy) $ 24.13 05/09/2025 J 419,221 ( 3 ) 11/03/2026 Common Shares 419,221 $ 0 419,221 D
Non-qualified stock option (right to buy) $ 17.85 05/09/2025 J 469,300 ( 3 ) 11/03/2026 Common Shares 469,300 $ 0 469,300 D
Non-qualified stock option (right to buy) $ 19.31 05/09/2025 J 419,221 ( 3 ) 11/03/2026 Common Shares 419,221 $ 0 419,221 D
Non-qualified stock option (right to buy) $ 23.37 05/09/2025 J 105,027 ( 3 ) 06/07/2028 Common Shares 105,027 $ 0 105,027 D
Non-qualified stock option (right to buy) $ 29.21 05/09/2025 J 105,027 ( 3 ) 06/07/2028 Common Shares 105,027 $ 0 105,027 D
Share Appreciation Right $ 8.64 05/09/2025 J 1,138,021 ( 3 ) 12/18/2030 Common Shares 1,138,021 $ 0 1,138,021 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BURNS MICHAEL RAYMOND
2700 COLORADO AVENUE
SANTA MONICA, CA90404
VICE CHAIR
Signatures
/s/ Adrian Kuzycz, by power of atty., for Michael Burns 05/13/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On May 6, 2025, in connection with the consummation of the transactions contemplated by the Arrangement Agreement, dated as of January 29, 2025, as amended by an amending agreement dated March 12, 2025, by and among the Issuer (f/k/a Lionsgate Studios Holding Corp.), Lions Gate Entertainment Corp. ("LGEC"), LG Sirius Holdings ULC and Lionsgate Studios Holding Corp. (f/k/a Lionsgate Studios Corp.), each equity award outstanding under the equity plans of LGEC held by a LGEC service provider who will be a service provider of Issuer after the transactions were converted into an award of Issuer under the New Lionsgate 2025 Plan (as defined in the Issuer's joint proxy statement/prospectus included in the Registration Statement on Form S-4), on a basis that is intended to preserve the fair market value of such awards immediately before and immediately after the conversion.
( 2 )Amount includes the following restricted share units ("RSUs") granted by the Issuer, payable upon vesting in an equal number of common shares of the Issuer: (i) 137,832 RSUs scheduled to vest in two equal annual installments on July 3, 2025 and 2026; and (ii) 316,438 RSUs scheduled to vest in three equal annual installments on July 1, 2025, 2026 and 2027.
( 3 )Fully vested and exercisable as of the date hereof.

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