0001507934-16-000186.txt : 20160907 0001507934-16-000186.hdr.sgml : 20160907 20160907154151 ACCESSION NUMBER: 0001507934-16-000186 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160906 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20160907 DATE AS OF CHANGE: 20160907 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Starz CENTRAL INDEX KEY: 0001507934 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 208988475 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35294 FILM NUMBER: 161873410 BUSINESS ADDRESS: STREET 1: 8900 LIBERTY CIRCLE CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: (720) 852-7700 MAIL ADDRESS: STREET 1: 8900 LIBERTY CIRCLE CITY: ENGLEWOOD STATE: CO ZIP: 80112 FORMER COMPANY: FORMER CONFORMED NAME: Liberty Media Corp DATE OF NAME CHANGE: 20110923 FORMER COMPANY: FORMER CONFORMED NAME: Liberty CapStarz, Inc. DATE OF NAME CHANGE: 20110523 FORMER COMPANY: FORMER CONFORMED NAME: Liberty Splitco, Inc. DATE OF NAME CHANGE: 20101215 8-K 1 starzform8-k09062016_macdo.htm 8-K Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
 

Date of Report (date of earliest event reported): September 6, 2016
 

Starz
(Exact name of registrant as specified in its charter)
 

Delaware
001-35294
20-8988475
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
 

8900 Liberty Circle
Englewood, Colorado 80112
(Address of principal executive offices and zip code)
 
Registrant’s telephone number, including area code: (720) 852-7700



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e)

Modification of Compensation Arrangements

On September 6, 2016, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Starz approved a $100,000 cash bonus to be paid to Scott D. Macdonald, the Chief Financial Officer, Executive Vice President and Treasurer of Starz, in recognition of his work on due diligence projects in connection with the proposed merger with Lions Gate Entertainment Corp.

On September 6, 2016, the Compensation Committee also approved a retention bonus of $143,127 to be paid to Carmi D. Zlotnik, the President of Original Programming of Starz Entertainment, LLC, a subsidiary of Starz, (i) if Mr. Zlotnik remains continuously employed through December 31, 2016 or (ii) if he is terminated without cause or resigns with good reason during the 30 days preceding or twelve months immediately following a change in control. If Mr. Zlotnik’s employment is otherwise involuntarily terminated for reasons other than cause during 2016, he is entitled to a pro-rated bonus under the arrangement. In addition, the Compensation Committee approved the First Amendment to Starz Severance Agreement with Mr. Zlotnik to increase the lump sum payment to be made to Mr. Zlotnik if he is terminated without cause by reason of a layoff, reduction in force, job elimination or restructuring within 30 days preceding or twelve months immediately following a change in control, from 50% to 70% of the severance pay amount, with “severance pay amount” defined as 18 months of base pay.







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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: September 7, 2016
STARZ
 
 
 
 
 
 
 
By:
/s/ David I. Weil
 
 
Name: David I. Weil
 
 
Title: Chief Legal Officer
 

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