Theresa Ellen Cudahy - Jul 28, 2023 Form 4/A - Amendment Insider Report for CuriosityStream Inc. (CURI)

Role: COO, Gen Counsel and Secretary
Signature: /s/ Marianna Shelenkova as attorney-in-fact for Tia Cudahy
Stock symbol: CURI
Transactions as of: Jul 28, 2023
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 8/9/2023, 09:09 PM
Date Of Original Report: Aug 1, 2023
Previous filing: Jun 26, 2023
Next filing: Aug 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CURI	Common Stock	Options Exercise		+104	+0.26%		39.5K	Jul 28, 2023	Direct	F1

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	CURI	Restricted Stock Units	Award		+56.6K			56.6K	Jul 28, 2023	Common Stock	4.76K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the vesting of restricted stock units ("RSUs") into 104 shares of the Company's common stock immediately upon the Company's cancellation of certain "underwater" stock options granted to employees and executive officers and replacement thereof with RSUs on July 28, 2023, the vesting of which was inadvertently omitted from the Form 4 filed by Ms. Cudahy on August 1, 2023. Each RSU represents a contingent right to receive one share of common stock. The remaining unvested RSUs granted will vest as follows: 7,902 shares on August 2, 2023; 1,406 shares in equal increments every third month beginning September 25, 2023 through March 25, 2025; 2,711 shares in equal increments every month beginning August 20, 2023 through September 20, 2025; and 44,556 shares on January 1, 2025.
F2	The Compensation Committee of the Board of Directors of the Company approved the cancellation of Ms. Cudahy's options to purchase 613,434 shares of common stock, granted under the Company's 2020 Omnibus Incentive Plan, and granted her RSUs of approximately equal fair value of the cancelled stock options, valued as of July 14, 2023.

Content

Represents the vesting of restricted stock units ("RSUs") into 104 shares of the Company's common stock immediately upon the Company's cancellation of certain "underwater" stock options granted to employees and executive officers and replacement thereof with RSUs on July 28, 2023, the vesting of which was inadvertently omitted from the Form 4 filed by Ms. Cudahy on August 1, 2023. Each RSU represents a contingent right to receive one share of common stock. The remaining unvested RSUs granted will vest as follows: 7,902 shares on August 2, 2023; 1,406 shares in equal increments every third month beginning September 25, 2023 through March 25, 2025; 2,711 shares in equal increments every month beginning August 20, 2023 through September 20, 2025; and 44,556 shares on January 1, 2025.

The Compensation Committee of the Board of Directors of the Company approved the cancellation of Ms. Cudahy's options to purchase 613,434 shares of common stock, granted under the Company's 2020 Omnibus Incentive Plan, and granted her RSUs of approximately equal fair value of the cancelled stock options, valued as of July 14, 2023.