SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
[Rule 13d-101]
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO § 240.13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO § 240.13d-2(a)
(Amendment No. 18)*
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Lions Gate Entertainment Corp. |
(Name of Issuer)
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Common Shares, no par value |
(Title of Class of Securities)
(CUSIP Number)
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Janet Yeung MHR Fund Management LLC 1345 Avenue of the Americas, 42nd Floor New York, New York 10105 (212) 262-0005 |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 14 Pages)
* | | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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CUSIP No. 535919203 | | 13D | | Page 2 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS MHR INSTITUTIONAL PARTNERS III LP |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | | SEC USE ONLY |
4 | | SOURCE OF FUNDS (SEE INSTRUCTIONS) N/A |
5 | | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨ |
6 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 7 | | SOLE VOTING POWER 31,609,961 |
| 8 | | SHARED VOTING POWER 0 |
| 9 | | SOLE DISPOSITIVE POWER 31,609,961 |
| 10 | | SHARED DISPOSITIVE POWER 0 |
11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 31,609,961 |
12 | | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨ |
13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.7% |
14 | | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN |
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CUSIP No. 535919203 | | 13D | | Page 3 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS MHR INSTITUTIONAL ADVISORS III LLC |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | | SEC USE ONLY |
4 | | SOURCE OF FUNDS (SEE INSTRUCTIONS) N/A |
5 | | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨ |
6 | | CITIZENSHIP OR PLACE OF ORGANIZATION �� Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 7 | | SOLE VOTING POWER 31,609,961 |
| 8 | | SHARED VOTING POWER 0 |
| 9 | | SOLE DISPOSITIVE POWER 31,609,961 |
| 10 | | SHARED DISPOSITIVE POWER 0 |
11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 31,609,961 |
12 | | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨ |
13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.7% |
14 | | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO |
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CUSIP No. 535919203 | | 13D | | Page 4 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS MHR FUND MANAGEMENT LLC |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | | SEC USE ONLY |
4 | | SOURCE OF FUNDS (SEE INSTRUCTIONS) N/A |
5 | | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨ |
6 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 7 | | SOLE VOTING POWER 40,211,049 |
| 8 | | SHARED VOTING POWER 0 |
| 9 | | SOLE DISPOSITIVE POWER 40,211,049 |
| 10 | | SHARED DISPOSITIVE POWER 0 |
11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,211,049 |
12 | | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨ |
13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% |
14 | | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO |
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CUSIP No. 535919203 | | 13D | | Page 5 of 14 Pages |
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1 | | NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) MHR HOLDINGS LLC |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x |
3 | | SEC USE ONLY ¨ |
4 | | SOURCE OF FUNDS* N/A |
5 | | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED ¨ PURSUANT TO ITEM 2(d) or 2(e) |
6 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 7 | | SOLE VOTING POWER 40,211,049 |
| 8 | | SHARED VOTING POWER 0 |
| 9 | | SOLE DISPOSITIVE POWER 40,211,049 |
| 10 | | SHARED DISPOSITIVE POWER 0 |
11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,211,049 |
12 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* ¨ |
13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% |
14 | | TYPE OF REPORTING PERSON* OO |
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CUSIP No. 535919203 | | 13D | | Page 6 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS MARK H. RACHESKY, M.D. |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | | SEC USE ONLY |
4 | | SOURCE OF FUNDS (SEE INSTRUCTIONS) N/A |
5 | | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨ |
6 | | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 7 | | SOLE VOTING POWER 40,267,183 |
| 8 | | SHARED VOTING POWER 0 |
| 9 | | SOLE DISPOSITIVE POWER 40,267,183 |
| 10 | | SHARED DISPOSITIVE POWER 0 |
11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,267,183 |
12 | | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨ |
13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.7% |
14 | | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN;HC |
Page 7 of 14 Pages
TABLE OF CONTENTS
Page 8 of 14 Pages
This statement on Schedule 13D (this “Statement”) amends and supplements, as Amendment No. 18, the Schedule 13D filed on March 18, 2009 (the “Original Schedule 13D”), which was amended on July 13, 2009 by Amendment No. 1 to the Original Schedule 13D (“Amendment No. 1”), on September 17, 2009 by Amendment No. 2 to the Original Schedule 13D (“Amendment No. 2”), on October 26, 2009 by Amendment No. 3 to the Original Schedule 13D (“Amendment No. 3”), on July 21, 2010 by Amendment No. 4 to the Original Schedule 13D (“Amendment No. 4”), on July 30, 2010 by Amendment No. 5 to the Original Schedule 13D (“Amendment No. 5”), on January 10, 2011 by Amendment No. 6 to the Original Schedule 13D (“Amendment No. 6”), on September 1, 2011 by Amendment No. 7 to the Original Schedule 13D (“Amendment No. 7”), on September 8, 2011 by Amendment No. 8 to the Original Schedule 13D (“Amendment No. 8”), on September 15, 2011 by Amendment No. 9 to the Original Schedule 13D (“Amendment No. 9”), on October 17, 2011 by Amendment No. 10 to the Original Schedule 13D (“Amendment No. 10”), on January 19, 2012 by Amendment No. 11 to the Original Schedule 13D (“Amendment No. 11”), on February 6, 2012 by Amendment No. 12 to the Original Schedule 13D (“Amendment No. 12”), on May 14, 2012 by Amendment No. 13 to the Original Schedule 13D (“Amendment No. 13”), on January 10, 2013 by Amendment No. 14 to the Original Schedule 13D (“Amendment No. 14”), on June 3, 2013 by Amendment No. 15 to the Original Schedule 13D (“Amendment No. 15”), on January 30, 2015 by Amendment No. 16 to the Original Schedule 13D (“Amendment No. 17”) and on April 9, 2015 by Amendment No. 17 to the Original Schedule 13D (“Amendment No. 17” and, together with Amendment No. 1 through Amendment No. 16 and the Original Schedule 13D, the “Schedule 13D”) and relates to common shares, no par value per share (the “Common Shares”), of Lions Gate Entertainment Corp. (the “Issuer”). Capitalized terms used in this Statement but not defined herein shall have the respective meanings given to such terms in Amendment No. 17.
Page 9 of 14 Pages
Item 4. | Purpose of Transaction |
Item 4 is hereby amended by adding the following:
In connection with the underwritten secondary public offering previously described in Amendment No. 17, on April 24, 2015, the Underwriter exercised its option pursuant to the Underwriting Agreement to purchase an additional 1,050,850 Common Shares owned by the Selling Stockholders. The sale of such additional Common Shares closed on April 29, 2015.
Item 5. | Interest in Securities of the Issuer. |
Item 5 is hereby amended and restated as follows:
The percentages set forth in this Statement are based on information contained in the Issuer’s Form S-3 ASR filed on April 7, 2015, which disclosed that there were 145,546,730 Common Shares outstanding as of April 3, 2015.
(a) (i) Master Account may be deemed to be the beneficial owner of 1,859,103 Common Shares held for its own account (approximately 1.3% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act).
(ii) Capital Partners (100) may be deemed to be the beneficial owner of 248,388 Common Shares held for its own account (approximately 0.2% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act).
(iii) Advisors may be deemed to be the beneficial owner of 2,107,491 Common Shares (approximately 1.4% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act). This number consists of (A) 1,859,103 Common Shares held for the account of Master Account and (B) 248,388 Common Shares held for the account of Capital Partners (100).
Page 10 of 14 Pages
(iv) Institutional Partners II may be deemed to be the beneficial owner of 1,845,139 Common Shares held for its own account (approximately 1.3% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act).
(v) Institutional Partners IIA may be deemed to be the beneficial owner of 4,648,458 Common Shares held for its own account (approximately 3.2% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act).
(vi) Institutional Advisors II may be deemed to be the beneficial owner of 6,493,597 Common Shares (approximately 4.5% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act). This number consists of (A) 1,845,139 Common Shares held for the account of Institutional Partners II and (B) 4,648,458 Common Shares held for the account of Institutional Partners IIA.
(vii) Institutional Partners III may be deemed to be the beneficial owner of 31,609,961 Common Shares held for its own account (approximately 21.7% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act).
(viii) Institutional Advisors III may be deemed to be the beneficial owner of 31,609,961 Common Shares (approximately 21.7% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act). This number consists of 31,609,961 Common Shares held for the account of Institutional Partners III.
(ix) MHRC may be deemed the beneficial owner of 2,107,491 Common Shares (approximately 1.4% of the total number of Common Shares outstanding, calculated in accordance with Rule 13d-3(d)(1)(i) under the Act). This number consists of all of the Common Shares otherwise described in Item 5(a)(iii) by virtue of MHRC’s position as the managing member of Advisors.
(x) MHRC II may be deemed the beneficial owner of 6,493,597 Common Shares (approximately 4.5% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act). This number consists of all of the Common Shares otherwise described in Item 5(a)(vi) by virtue of MHRC II’s position as the managing member of Institutional Advisors II.
(xi) Fund Management may be deemed to be the beneficial owner of 40,211,049 Common Shares (approximately 27.6% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act). This number consists of all of the Common Shares otherwise described in this Item 5 by virtue of Fund Management’s investment management agreement with Master Account, Capital Partners (100), Institutional Partners II, Institutional Partners IIA and Institutional Partners III.
(xii) MHR Holdings may be deemed the beneficial owner of 40,211,049 Common Shares (approximately 27.6% of the total number of Common Shares outstanding, calculated in accordance with Rule13d-3(d)(1)(i) under the Act). This number consists of all of the Common Shares otherwise described in this Item 5(a) by virtue of MHR Holdings’ position as the managing member of Fund Management.
(xiii) Dr. Rachesky may be deemed to be the beneficial owner of 40,267,183 Common Shares (approximately 27.7% of the total number of Common Shares outstanding, calculated in accordance with Rule 13d-3(d)(1)(i) under the Act). This number consists of (A) all of the Common Shares otherwise described in this Item 5 by virtue of Dr. Rachesky’s position as the managing member of each of MHRC, MHRC II, Institutional Advisors III and MHR Holdings, (B) 3,228 restricted share units, payable upon vesting in an equal number of Common Shares, which are scheduled to vest or have vested in three equal annual installments beginning on September 11, 2013, (C) 1,335 restricted share units, payable upon vesting in an equal number of Common Shares, which are scheduled to vest or have vested in three equal annual installments beginning on September 10, 2014, (D) 1,520 restricted share units, payable upon vesting in an equal number of Common Shares, which are scheduled to vest in three equal annual installments beginning on September 9, 2015 and (E) 50,051 Common Shares held directly.
Page 11 of 14 Pages
(b) (i) Master Account may be deemed to have (x) the sole power to direct the disposition of 1,859,103 Common Shares which may be deemed to be beneficially owned by Master Account as described above and (y) the sole power to direct the voting of 1,859,103 Common Shares which may be deemed to be beneficially owned by Master Account as described above.
(ii) Capital Partners (100) may be deemed to have (x) the sole power to direct the disposition of 248,388 Common Shares which may be deemed to be beneficially owned by Capital Partners (100) as described above and (y) the sole power to direct the voting of 248,388 Common Shares which may be deemed to be beneficially owned by Capital Partners (100) as described above.
(iii) Advisors may be deemed to have (x) the sole power to direct the disposition of 2,107,491 Common Shares which may be deemed to be beneficially owned by Advisors as described above and (y) the sole power to direct the voting of 2,107,491 Common Shares which may be deemed to be beneficially owned by Advisors as described above.
(iv) Institutional Partners II may be deemed to have (x) the sole power to direct the disposition of 1,845,139 Common Shares which may be deemed to be beneficially owned by Institutional Partners II as described above and (y) the sole power to direct the voting of 1,845,139 Common Shares which may be deemed to be beneficially owned by Institutional Partners II as described above.
(v) Institutional Partners IIA may be deemed to have (x) the sole power to direct the disposition of 4,648,458 Common Shares which may be deemed to be beneficially owned by Institutional Partners IIA as described above and (y) the sole power to direct the voting of 4,648,458 Common Shares which may be deemed to be beneficially owned by Institutional Partners IIA as described above.
(vi) Institutional Advisors II may be deemed to have (x) the sole power to direct the disposition of 6,493,597 Common Shares which may be deemed to be beneficially owned by Institutional Advisors II as described above and (y) the sole power to direct the voting of 6,493,597 Common Shares which may be deemed to be beneficially owned by Institutional Advisors II as described above.
(vii) Institutional Partners III may be deemed to have (x) the sole power to direct the disposition of 31,609,961 Common Shares which may be deemed to be beneficially owned by Institutional Partners III as described above and (y) the sole power to direct the voting of 31,609,961 Common Shares which may be deemed to be beneficially owned by Institutional Partners III as described above.
(viii) Institutional Advisors III may be deemed to have (x) the sole power to direct the disposition of 31,609,961 Common Shares which may be deemed to be beneficially owned by Institutional Advisors III as described above and (y) the sole power to direct the voting of 31,609,961 Common Shares which may be deemed to be beneficially owned by Institutional Advisors III as described above.
Page 12 of 14 Pages
(ix) MHRC may be deemed to have (x) the sole power to direct the disposition of the 2,107,491 Common Shares which may be deemed to be beneficially owned by MHRC as described above, and (y) the sole power to direct the voting of 2,107,491 Common Shares which may be deemed to be beneficially owned by MHRC as described above.
(x) MHRC II may be deemed to have (x) the sole power to direct the disposition of 6,493,597 Common Shares which may be deemed to be beneficially owned by MHRC II as described above, and (y) the sole power to direct the voting of 6,493,597 Common Shares which may be deemed to be beneficially owned by MHRC II as described above.
(xi) Fund Management may be deemed to have (x) the sole power to direct the disposition of 40,211,049 Common Shares which may be deemed to be beneficially owned by Fund Management as described above and (y) the sole power to direct the voting of 40,211,049 Common Shares which may be deemed to be beneficially owned by Fund Management as described above.
(xii) MHR Holdings may be deemed to have (x) the sole power to direct the disposition of the 40,211,049 Common Shares which may be deemed to be beneficially owned by MHR Holdings as described above, and (y) the sole power to direct the voting of 40,211,049 Common Shares which may be deemed to be beneficially owned by MHR Holdings as described above.
(xiii) Dr. Rachesky may be deemed to have (x) the sole power to direct the disposition of 40,267,183 Common Shares which may be deemed to be beneficially owned by Dr. Rachesky as described above and (y) the sole power to direct the voting of 40,267,183 Common Shares which may be deemed to be beneficially owned by Dr. Rachesky as described above.
(c) See Item 4 to this Statement.
(d)(i) The partners of Master Account, including Advisors, have the right to participate in the receipt of dividends from, or proceeds from the sale of, Common Shares held for the account of Master Account in accordance with their partnership interests in Master Account.
(ii) The partners of Capital Partners (100), including Advisors, have the right to participate in the receipt of dividends from, or proceeds from the sale of, Common Shares held for the account of Capital Partners (100) in accordance with their partnership interests in Capital Partners (100).
(iii) The partners of Institutional Partners II, including Institutional Advisors II, have the right to participate in the receipt of dividends from, or proceeds from the sale of, Common Shares held for the account of Institutional Partners II in accordance with their partnership interests in Institutional Partners II.
(iv) The partners of Institutional Partners IIA, including Institutional Advisors II, have the right to participate in the receipt of dividends from, or proceeds from the sale of, Common Shares held for the account of Institutional Partners IIA in accordance with their partnership interests in Institutional Partners IIA.
(v) The partners of Institutional Partners III, including Institutional Advisors III, have the right to participate in the receipt of dividends from, or proceeds from the sale of, Common Shares held for the account of Institutional Partners III in accordance with their partnership interests in Institutional Partners III.
(e) Not Applicable
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to the Securities of the Issuer. |
Item 6 is hereby amended by adding the following:
The information set forth in Item 4 is hereby incorporated into this Item 6 by reference.
Item 7. | Material to be Filed as Exhibits. |
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Exhibit No. | | Description |
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1 | | Joint Filing Agreement, dated as of April 30, 2015, by and among MHR Institutional Partners III LP, MHR Institutional Advisors III LLC, MHR Fund Management LLC, MHR Holdings LLC and Mark H. Rachesky, M.D. |
Page 13 of 14 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this Statement is true, complete and correct.
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Date: April 30, 2015 | | MHR INSTITUTIONAL PARTNERS III LP |
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| | By: | | MHR Institutional Advisors III LLC, its General Partner |
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| | By: | | /s/ Janet Yeung |
| | | | Name: Janet Yeung |
| | | | Title: Authorized Signatory |
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| | MHR INSTITUTIONAL ADVISORS III LLC |
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| | By: | | /s/ Janet Yeung |
| | | | Name: Janet Yeung |
| | | | Title: Authorized Signatory |
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| | MHR FUND MANAGEMENT LLC |
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| | By: | | /s/ Janet Yeung |
| | | | Name: Janet Yeung |
| | | | Title: Authorized Signatory |
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| | MHR HOLDINGS LLC |
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| | By: | | /s/ Janet Yeung |
| | | | Name: Janet Yeung |
| | | | Title: Authorized Signatory |
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| | MARK H. RACHESKY, M.D. |
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| | By: | | /s/ Janet Yeung, Attorney-in-Fact |
Page 14 of 14 Pages
Exhibit Index
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Exhibit No. | | Description |
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1 | | Joint Filing Agreement, dated as of April 30, 2015, by and among MHR Institutional Partners III LP, MHR Institutional Advisors III LLC, MHR Fund Management LLC, MHR Holdings LLC and Mark H. Rachesky, M.D. |