Jason Meier - Nov 15, 2022 Form 3 Insider Report for Chicken Soup for the Soul Entertainment, Inc. (CSSE)

Signature
Jason Meier
Stock symbol
CSSE
Transactions as of
Nov 15, 2022
Transactions value $
$0
Form type
3
Date filed
11/21/2022, 12:20 PM

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
holding CSSE Employee Stock Options Nov 15, 2022 Class A Common Stock 15K $22.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options are granted pursuant to the terms of the Issuer's 2017 Long Term Incentive Plan, authorizing the grant to Mr. Meier of an option to purchase an aggregate of 15,000 shares of the authorized but unissued Class A Common Stock of the Company, par value $.0001.
F2 These options vest and become exercisable over a three-year period on a quarterly basis (12 quarters). These options commenced vesting on December 31, 2021 and will continue to vest on the last day of each calendar quarter. On the last day of each calendar quarter, 1,250 shares of the Issuer's Class A Common Stock shall vest. These options remain exercisable until the close of business on October 6, 2026, the expiration date.