SEC Form 4

FORM 4		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	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* FELTHEIMER JON (Last) (First) (Middle) 2700 COLORADO AVENUE STE 200 (Street) SANTA MONICA CA 90404 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol LIONS GATE ENTERTAINMENT CORP /CN/ [ LGF ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Co-Chairman and CEO
	3. Date of Earliest Transaction (Month/Day/Year) 09/03/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	09/03/2008		M		373,000	A	$3.05	1,342,383 ( 1 )	D
Common Shares	09/03/2008		F		234,982 ( 3 )	D	$9.87	1,107,401 ( 1 )	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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)	$3.05	09/03/2008		M			373,000	( 2 )	09/10/2008	Common Shares	373,000	$0	0	D

Explanation of Responses:

1. Amount includes 240,000 restricted share units granted by the Issuer, payable upon vesting in an equal amount of common shares of the Issuer, that are scheduled to vest in three equal installments on September 20, 2008, September 20, 2009 and September 20, 2010.

2. The options vested in three equal installments on September 10, 2004, September 10, 2005 and September 10, 2006. The options are set to expire on September 10, 2008 and would be forfeited if not exercised.

3. Represents common shares withheld by the Issuer to satisfy the exercise price and tax withholding obligations upon the vesting and exercise of 373,000 options. The grant of the 373,000 options was previously reported and, pursuant to the Lions Gate Entertainment Corp. 2004 Incentive Plan and the Issuer's policies, 234,982 common shares were withheld to cover the exercise price and the reporting person's tax obligations. No common shares were sold by the Issuer or the reporting person.

	Jon Feltheimer (by Adrian Kuzycz by Power of Attorney)	09/05/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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