Christopher J. McGurk - 25 Apr 2024 Form 4 Insider Report for Cineverse Corp. (CNVS)

Role
CEO and Chairman, Director
Signature
/s/ Christopher J. McGurk
Issuer symbol
CNVS
Transactions as of
25 Apr 2024
Net transactions value
$0
Form type
4
Filing time
26 Apr 2024, 17:00:19 UTC
Previous filing
21 Aug 2023
Next filing
29 Apr 2025
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 +150,000 +51% $0.000000 442,519 25 Apr 2024 Direct F1
holding CNVS Class A Common Stock 103,526 25 Apr 2024 By Christopher and Jamie McGurk Living Trust 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
transaction CNVS Restricted Stock Unit Award $0 +150,000 $0.000000 150,000 25 Apr 2024 Class A Common Stock 150,000 Direct F3
holding CNVS Stock Appreciation Rights 35,000 25 Apr 2024 Class A Common Stock 35,000 $29.40 Direct F4
holding CNVS Stock Appreciation Rights 125,000 25 Apr 2024 Class A Common Stock 125,000 $10.80 Direct F5
holding CNVS Stock Appreciation Rights 125,000 25 Apr 2024 Class A Common Stock 125,000 $9.60 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 150,000 shares of restricted stock that vest as follows: 50,000 vest on April 25 of each of 2025, 2026 and 2027.
F2 The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust.
F3 Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 50,000 vest on April 25 of each of 2025, 2026 and 2027.
F4 One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.
F5 62,500 of the stock appreciation rights vested on November 19, 2020 and 62,500 of the stock appreciation rights vested on March 31, 2023.
F6 Of the stock appreciation rights, 41,666 vested on April 1, 2023, 41,666 vested on April 1, 2024 and 41,668 vest on April 1, 2025.