Erick Opeka - Aug 1, 2023 Form 4 Insider Report for Cineverse Corp. (CNVS)

Role
CSO and President
Signature
/s/ Erick Opeka
Stock symbol
CNVS
Transactions as of
Aug 1, 2023
Transactions value $
-$54,001
Form type
4
Date filed
8/3/2023, 07:54 PM
Previous filing
May 22, 2023
Next filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Award $0 +72.3K +432.77% $0.00 89K Aug 1, 2023 Direct F1
transaction CNVS Class A Common Stock Tax liability -$54K -32.5K -36.55% $1.66 56.5K Aug 1, 2023 Direct F2

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
holding CNVS Stock Option (Right to buy) 400 Aug 1, 2023 Class A Common Stock 400 $362.00 Direct F3
holding CNVS Stock Appreciation Right (Right to buy) 17.8K Aug 1, 2023 Class A Common Stock 17.8K $23.20 Direct F4
holding CNVS Stock Appreciation Right (Right to buy) 60K Aug 1, 2023 Class A Common Stock 60K $12.80 Direct F5
holding CNVS Stock Appreciation Right (Right to buy) 75K Aug 1, 2023 Class A Common Stock 75K $5.80 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitutes shares received as payment of annual bonus under Management Annual Incentive Plan.
F2 Constitutes shares delivered in payment of tax liability incident to the receipt of shares reported as acquired on this Form 4 for bonus.
F3 100 options vested on September 2 of each of 2015, 2016, 2017 and 2018
F4 One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.
F5 Of such stock appreciation rights, 25,000 vested on March 31, 2022, 25,000 vested on March 31, 2023 and 10,000 vest on December 31, 2023.
F6 Of such stock appreciation rights, 25,000 vest on May 16, 2024, 25,000 vest on May 1, 2025 and 25,000 vest on May 1, 2026