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

Role
Chief People Officer
Signature
/s/ Mark Torres
Issuer symbol
CNVS
Transactions as of
25 Apr 2025
Net transactions value
-$110,874
Form type
4
Filing time
29 Apr 2025, 21:05:19 UTC
Previous filing
26 Apr 2024
Next filing
05 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 +33,333 +21% 195,232 25 Apr 2025 Direct F1, F2
transaction CNVS Class A Common Stock Tax liability $110,874 -36,958 -19% $3.00 158,274 25 Apr 2025 Direct 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 -33,333 -33% $0.000000 66,667 25 Apr 2025 Class A Common Stock 33,333 Direct F1
holding CNVS Stock Appreciation Right (Right to buy) 8,334 25 Apr 2025 Class A Common Stock 8,334 $39.40 Direct F4
holding CNVS Stock Appreciation Right (Right to buy) 12,500 25 Apr 2025 Class A Common Stock 12,500 $5.80 Direct F5
* 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, 33,333 vest on April 25 of each of 2025 and 2026 and 33,334 vest on April 25, 2027.
F2 Includes 66,667 shares of restricted stock that vest as follows: 33,333 vest on April 25, 2026 and 33,334 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, 2,778 vested on February 17 of each of 2022, 2023 and 2024.
F5 Of such stock appreciation rights, 4,167 vest on May 16 of each of 2024, 2025 and 2026.