Erick Opeka - Aug 18, 2022 Form 4 Insider Report for Cinedigm Corp. (CNVS)

Role
CSO, Pres. - Networks
Signature
/s/ Erick Opeka
Stock symbol
CNVS
Transactions as of
Aug 18, 2022
Transactions value $
-$97,920
Form type
4
Date filed
8/22/2022, 05:43 PM
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Award $0 +75K +51.03% $0.00 222K Aug 18, 2022 Direct F1
transaction CNVS Class A Common Stock Award $0 +261K +117.77% $0.00 483K Aug 18, 2022 Direct F2
transaction CNVS Class A Common Stock Tax liability -$97.9K -155K -32.16% $0.63 328K Aug 18, 2022 Direct F3

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
holding CNVS Stock Option (Right to buy) 8K Aug 18, 2022 Class A Common Stock 8K $18.10 Direct F4
holding CNVS Stock Appreciation Right (Right to buy) 355K Aug 18, 2022 Class A Common Stock 355K $1.16 Direct F5
holding CNVS Stock Appreciation Right 1.2M Aug 18, 2022 Class A Common Stock 1.2M $0.64 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitutes shares received in settlement of performance stock units ("PSUs") upon vesting.
F2 Constitutes shares received as partial payment of annual bonus under Management Annual Incentive Plan.
F3 Constitutes shares delivered in payment of a tax liability incident to the receipt of shares reported as acquired on this Form 4 for vested PSUs and for bonus.
F4 2,000 options vested on September 2 of each of 2015, 2016, 2017 and 2018.
F5 One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.
F6 Of such stock appreciation rights, 500,000 vested on March 31, 2022, 500,000 vest on March 31, 2023 and 200,000 vest on December 31, 2023.