PETER WESTLEY - 21 May 2022 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Signature
/s/ Marianna Shelenkova as attorney-in-fact for Peter Westley
Issuer symbol
CURI
Transactions as of
21 May 2022
Net transactions value
$0
Form type
4
Filing time
24 May 2022, 17:39:49 UTC
Previous filing
19 May 2022
Next filing
26 May 2023

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 CURI Stock Options (right to buy) Award $0 +221,904 $0.000000 221,904 21 May 2022 Common Stock 221,904 $1.62 Direct F1
transaction CURI Restricted Stock Units Award $0 +288,271 $0.000000 288,271 21 May 2022 Common Stock 288,271 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 21, 2022, the Company granted Mr. Westley 221,904 options under the Company's 2020 Omnibus Incentive Plan (the "Plan"). The options granted will vest annually over four years in equal increments beginning on the first anniversary of the grant date and will fully vest if Mr. Westley's employment is involuntarily terminated without Cause (as defined in the Plan) following a Change in Control (as defined in the Plan).
F2 On May 21, 2022, the Company granted Mr. Westley 288,271 restricted stock units under the Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units granted will vest annually over four years in equal increments beginning on the first anniversary of the grant date and will fully vest if Mr. Westley's employment is involuntarily terminated without Cause (as defined in the Plan) following a Change in Control (as defined in the Plan).