Gary S. Loffredo - 15 May 2023 Form 4 Insider Report for Cinedigm Corp. (CNVS)

Role
CLO, Secretary and Sr Advisor
Signature
/s/ Gary S. Loffredo
Issuer symbol
CNVS
Transactions as of
15 May 2023
Net transactions value
$0
Form type
4
Filing time
17 May 2023, 19:44:27 UTC
Previous filing
22 Aug 2022
Next filing
22 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CNVS Class A Common Stock 421,033 15 May 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CNVS Stock Appreciation Right (Right to buy) Award $0 +800,000 $0.000000 800,000 15 May 2023 Class A Common Stock 800,000 $0.3000 Direct F1
holding CNVS Stock Option (Right to buy) 35,000 15 May 2023 Class A Common Stock 35,000 $15.40 Direct F2
holding CNVS Stock Appreciation Right (Right to buy) 600,000 15 May 2023 Class A Common Stock 600,000 $1.47 Direct F3
holding CNVS Stock Appreciation Right (Right to buy) 1,200,000 15 May 2023 Class A Common Stock 1,200,000 $0.6400 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of such stock appreciation rights, 266,666 vest on May 15, 2024, 266,667 vest on May 1, 2025 and 266,667 vest on May 1, 2026.
F2 The option vested in three equal annual installments commencing October 13, 2014.
F3 One-third of the stock appreciation rights vested on December 10 of each of 2019, 2020 and 2021.
F4 Of such SARs, 500,000 vested on March 31, 2022, 500,000 vest on March 31, 2023 and 200,000 vest on June 30, 2023.