Jonathan Daniel Larsen - 05 May 2024 Form 4 Insider Report for 5&2 Studios, Inc.

Role: Chief Financial Officer
Signature: /s/ David Stidham as attorney-in fact for JD Larsen***
Issuer symbol: N/A
Transactions as of: 05 May 2024
Net transactions value: $0
Form type: 4
Filing time: 27 Mar 2025, 18:08:54 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	+151,000		$0.000000	151,000	05 May 2024	Series B Common Stock	151,000		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.