Mark Antonio Huidor - 25 Apr 2025 Form 4 Insider Report for Cineverse Corp. (CNVS)

Role
COO and CTO
Signature
/s/ Antonio Huidor
Issuer symbol
CNVS
Transactions as of
25 Apr 2025
Net transactions value
-$148,770
Form type
4
Filing time
29 Apr 2025, 21:03:01 UTC
Previous filing
26 Apr 2024
Next filing
20 May 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 Options Exercise +41,666 +26% 202,151 25 Apr 2025 Direct F1, F2
transaction CNVS Class A Common Stock Tax liability $148,770 -49,590 -25% $3.00 152,561 25 Apr 2025 Direct F2, F3

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 Options Exercise $0 -41,666 -33% $0.000000 83,334 25 Apr 2025 Class A Common Stock 41,666 Direct F1
holding CNVS Stock Appreciation Right (Right to buy) 50,000 25 Apr 2025 Class A Common Stock 50,000 $5.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 41,666 vest on April 25 of each of 2025 and 2026 and 41,668 vest on April 25, 2027.
F2 Includes 83,334 shares of restricted stock that vest as follows: 41,666 vest on April 25, 2026 and 41,668 vest on April 25, 2027.
F3 Constitutes shares delivered in payment of tax liability incident to the vesting of restricted shares and restricted stock units..
F4 Of such stock appreciation rights, 16,666 vested on May 16, 2024, 16,666 vest on May 1, 2025 and 16,668 vest on May 1, 2026.