Elana Sofko - Oct 6, 2021 Form 4 Insider Report for Chicken Soup for the Soul Entertainment, Inc. (CSSE)

Role
Chief Strategy Officer
Signature
/s/ Elana B. Sofko
Stock symbol
CSSE
Transactions as of
Oct 6, 2021
Transactions value $
$307,890
Form type
4
Date filed
12/16/2021, 04:02 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSSE Class A common stock Options Exercise $46.9K +6.25K $7.50 6.25K Oct 6, 2021 Direct
transaction CSSE Class A common stock Options Exercise $261K +34.8K +556.83% $7.50 41.1K Dec 15, 2021 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 CSSE Stock Option (right to buy) Options Exercise $0 -6.25K -3.57% $0.00 169K Oct 6, 2021 Class A common stock 6.25K $7.50 Direct F2
transaction CSSE Stock Option (right to buy) Award $0 +33.9K +20.09% $0.00 203K Dec 10, 2021 Class A common stock 33.9K $14.05 Direct
transaction CSSE Stock Option (right to buy) Options Exercise $0 -68.8K -33.92% $0.00 134K Dec 15, 2021 Class A common stock 34.8K $7.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cashless exercise of 68,750 warrants, utilizing a 20 trading day average price of $15.19, netted 34,802 shares issued to the Reporting Person.
F2 The stock options vested in twelve equal quarterly installments beginning on March 31, 2017.