Erick Opeka - 25 Apr 2024 Form 4 Insider Report for Cineverse Corp. (CNVS)

Signature
/s/ Erick Opeka
Issuer symbol
CNVS
Transactions as of
25 Apr 2024
Net transactions value
$0
Form type
4
Filing time
26 Apr 2024, 17:00:33 UTC
Previous filing
03 Aug 2023
Next filing
29 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Award $0 +137,500 +244% $0.000000 193,963 25 Apr 2024 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 CNVS Restricted Stock Unit Award $0 +137,500 $0.000000 137,500 25 Apr 2024 Class A Common Stock 137,500 Direct F2
holding CNVS Stock Option (Right to buy) 400 25 Apr 2024 Class A Common Stock 400 $362.00 Direct F3
holding CNVS Stock Appreciation Right (Right to buy) 17,750 25 Apr 2024 Class A Common Stock 17,750 $23.20 Direct F4
holding CNVS Stock Appreciation Right (Right to buy) 60,000 25 Apr 2024 Class A Common Stock 60,000 $12.80 Direct F5
holding CNVS Stock Appreciation Right (Right to buy) 75,000 25 Apr 2024 Class A Common Stock 75,000 $5.80 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 137,500 shares of restricted stock that vest as follows: 45,833 vest on April 25 of each of 2025 and 2026 and 45,834 vest on April 25, 2027.
F2 Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 45,833 vest on April 25 of each of 2025 and 2026 and 45,834 vest on April 25, 2027.
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.