Peixin Xu - Mar 23, 2021 Form 4 Insider Report for Cinedigm Corp. (CNVS)

Role: Director, 10%+ Owner
Signature: /s/ Peixin Xu
Stock symbol: CNVS
Transactions as of: Mar 23, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/26/2021, 03:42 PM
Previous filing: May 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNVS	Class A Common Stock	Sale		-3.9M	-16.1%		20.3M	Mar 23, 2021	See footnote	F1, F3, F4
transaction	CNVS	Class A Common Stock	Sale		-6.67M	-24.7%		20.3M	Mar 23, 2021	See footnote	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Representing an aggregate 3,900,000 shares of Class A Common Stock that BEIL(defined below) sold in open market during a period from March 12, 2021 to March 23, 2021.
F2	Representing an aggregate 6,666,667 shares of Class A Common Stock that Bison Global (defined below) sold in open market during a period from February 25, 2021 to March 23,2021.
F3	Including (i) 152,255 shares of Class A common stock issued as part of the annual retainer for board service by the reporting person, (ii) 9,005,772 shares held by MingTai (defined below), (iii) 7,266,367 shares of Class A common stock held by Shangtai (defined below), and (iv) 3,898,615 shares of Class A common stock held by Antai Investment LP, a Cayman Islands registered limited partnership, and the manager of its general partner is controlled by Mr. Peixin Xu, who acquired the shares pursuant to the April Stock Purchase Agreement.
F4	The Reporting Person through his control of Bison Finance Group Limited ("BFGL"), which is a Hong Kong listed company and BFGL's subsidiaries, indirectly manages Bison Global Investment SPC for and on behalf of Bison Global Investment SPC-Bison Global No. 1 ("Bison Global"), Huatai Investment LP ("Huatai"), Antai Investment LP ("Antai"), Mingtai Investment LP ("Mingtai") and Shangtai Asset Management LP ("Shangtai", collectively with Bison Global, Huatai, Antai, Mingtai and Shangtai, the "April investors"). BEIL is a wholly-owned subsidiary of Bison Entertainment and Media Group ("BEMG") which is wholly owned by Bison Capital Holding Company Limited ("Bison Capital"). Ms. Fengyun Jiang is the shareholder of 100% ownership of Bison Capital and also spouse of Mr. Xu and therefore beneficially holds the Issuer's outstanding common stock through Bison Capital's ownership of BEIL. Mr. Xu, being Ms. Jiang's husband indirectly beneficially holds the Issuer's outstanding common stock as set forth in this Form 4.