David Bagheri - 28 Jan 2025 Form 4 Insider Report for 5&2 Studios, Inc.

Role
Director
Signature
/s/ David Stidham as attorney-in fact for David Bagheri***
Issuer symbol
N/A
Transactions as of
28 Jan 2025
Net transactions value
$0
Form type
4
Filing time
30 Jan 2025, 20:50:07 UTC
Previous filing
01 Apr 2024
SEC
View on sec.gov

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 Phantom Stock Award $0 +113,250 $0.000000 113,250 28 Jan 2025 Series B Common Stock 113,250 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Series B Common Stock.
F2 Pursuant to the terms of the 2024 Executive Interests Plan, each Phantom Stock vests upon a qualifying sale.
F3 Pursuant to the terms of the 2024 Executive Interests Plan, each unvested Phantom Stock will expire following the date of a qualifying sale, and all then-held Phantom Stock will expire if a participant's employment or engagement terminates for any reason.

Remarks:

*** The Power of Attorney given by the reporting person was previously filed with the U.S. Securities and Exchange Commission on April 1, 2024 as an exhibit to the Form 3 filed by the reporting person with respect to the Issuer and is hereby incorporated by reference.