Gary S. Loffredo - 01 Aug 2023 Form 4 Insider Report for Cineverse Corp. (CNVS)

Role
CLO, Secretary and Sr Advisor
Signature
/s/ Gary S. Loffredo
Issuer symbol
CNVS
Transactions as of
01 Aug 2023
Net transactions value
-$79,536
Form type
4
Filing time
03 Aug 2023, 19:56:00 UTC
Previous filing
22 May 2023
Next filing
26 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Award $0 +96,988 +461% $0.000000 118,039 01 Aug 2023 Direct F1
transaction CNVS Class A Common Stock Tax liability $79,536 -47,913 -41% $1.66 70,126 01 Aug 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 (Right to buy) 1,750 01 Aug 2023 Class A Common Stock 1,750 $308.00 Direct F3
holding CNVS Stock Appreciation Right (Right to buy) 30,000 01 Aug 2023 Class A Common Stock 30,000 $29.40 Direct F4
holding CNVS Stock Appreciation Right (Right to Buy) 60,000 01 Aug 2023 Class A Common Stock 60,000 $12.80 Direct F5
holding CNVS Stock Appreciation Right (Right to buy) 40,000 01 Aug 2023 Class A Common Stock 40,000 $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 The option vested in three equal annual installments commencing October 13, 2014.
F4 One-third of the stock appreciation rights vested on December 10 of each of 2019, 2020 and 2021.
F5 Of such SARs, 25,000 vested on March 31, 2022, 25,000, vested on March 31, 2023 and 10,000 vested on June 30, 2023.
F6 Of such stock appreciation rights, 13,333 vest on May 16, 2024, 13,333 vest on May 1, 2025 and 13,334 vest on May 1, 2026.