Stephen M. Cook - 14 Feb 2025 Form 4 Insider Report for Reservoir Media, Inc. (RSVR)

Role: Director
Signature: /s/ James A. Heindlmeyer, as attorney-in-fact for Stephen M. Cook
Issuer symbol: RSVR
Transactions as of: 14 Feb 2025
Net transactions value: +$4,993
Form type: 4
Filing time: 19 Feb 2025, 17:27:49 UTC
Previous filing: 12 Nov 2024
Next filing: 10 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSVR	Common stock, $0.0001 par value	Award	$4,993	+621	+0.07%	$8.04	933,014	14 Feb 2025	Direct	F1, F2
holding	RSVR	Common stock, $0.0001 par value						226,089	14 Feb 2025	Owned by BTCSJC Music LLC

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

Explanation of Responses:

Id	Content
F1	Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each DSU is the economic equivalent of one share of common stock, $0.0001 par value per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer"). The Reporting Person acquired these DSUs in connection with the Reporting Person's quarterly compensation for service as a non-employee director. The Reporting Person elected to receive payment of their quarterly compensation in DSUs in lieu of cash. The DSUs will be settled in shares of Common Stock on July 28, 2025.
F2	The number of DSUs received was calculated based on $8.04, which was the closing price of the Issuer's Common Stock on the date of grant.

Content

Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each DSU is the economic equivalent of one share of common stock, $0.0001 par value per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer"). The Reporting Person acquired these DSUs in connection with the Reporting Person's quarterly compensation for service as a non-employee director. The Reporting Person elected to receive payment of their quarterly compensation in DSUs in lieu of cash. The DSUs will be settled in shares of Common Stock on July 28, 2025.

The number of DSUs received was calculated based on $8.04, which was the closing price of the Issuer's Common Stock on the date of grant.