Jason K. Kwong - Aug 11, 2022 Form 4 Insider Report for Redbox Entertainment Inc. (RDBX)

Role
Chief Strategy & Digital Ofc.
Signature
/s/ Jason K. Kwong
Stock symbol
RDBX
Transactions as of
Aug 11, 2022
Transactions value $
$0
Form type
4
Date filed
8/12/2022, 03:40 PM
Previous filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDBX Class A common stock, par value $0.0001 per share Disposed to Issuer -346K -100% 0 Aug 11, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jason K. Kwong is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Securities reported as Class A common stock represent restricted stock units ("RSUs") of Redbox Entertainment Inc. (the "Issuer"). In connection with the Issuer's merger with and into a subsidiary of Chicken Soup for the Soul Entertainment, Inc. ("CSSE") pursuant to the Merger Agreement, dated as of May 10, 2022, as amended from time to time, by and among the Issuer, CSSE, and the other parties thereto, vested and unvested Issuer RSUs were automatically cancelled and converted into the right to receive a number of shares of Class A common stock, par value $0.0001, of CSSE equal to 0.087 multiplied by the number of Issuer RSUs held immediately prior to the effective time of the merger, rounded up to the nearest whole share, less applicable withholding taxes.