Brady Hayden - May 31, 2024 Form 3 Insider Report for CuriosityStream Inc. (CURI)

Role
Chief Financial Officer
Signature
/s/ P. Brady Hayden
Stock symbol
CURI
Transactions as of
May 31, 2024
Transactions value $
$0
Form type
3
Date filed
5/31/2024, 04:22 PM
Previous filing
Sep 26, 2022
Next filing
Aug 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CURI Common Stock 1K May 31, 2024 Held by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.
holding CURI Common Stock 24K May 31, 2024 Held by Plan Z, LLC, of which Mr. Hayden is managing member.

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 CURI Restricted Stock Units May 31, 2024 Common Stock 25K Direct F1
holding CURI Restricted Stock Units May 31, 2024 Common Stock 50K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2024, the Company granted Mr. Hayden 25,000 restricted stock units under the Company's 2020 Omnibus Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units granted will vest on January 1, 2025, and will be settled upon vesting (or within 30 days thereafter).
F2 On May 8, 2024, the Company granted Mr. Hayden 50,000 restricted stock units ("RSUs") under the Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs granted will vest one half upon the date that the Board or Compensation Committee of the Board determines that the Company has achieved $3,000,000 in adjusted free cash flow ("First Condition"); and one half upon the date that the Board or the Committee determines that the Company has achieved adjusted free cash flow of $5,300,000 (together with the First Condition, the "Performance Conditions"); in the event that the Performance Conditions are not met, then in three substantially equal annual installments on each of the first, second, and third anniversaries of the Grant Date; and will be settled upon vesting (or within 30 days thereafter). All vesting events are subject to continued employment on each applicable vesting date.

Remarks:

Exhibit 24, Power of Attorney, is attached.