Theresa Ellen Cudahy - 05 Nov 2024 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Role: COO, Gen Counsel and Secretary
Signature: /s/ P. Brady Hayden as attorney-in-fact for Tia Cudahy
Issuer symbol: CURI
Transactions as of: 05 Nov 2024
Net transactions value: -$281,512
Form type: 4
Filing time: 06 Nov 2024, 12:51:51 UTC
Previous filing: 16 Aug 2024
Next filing: 29 Jul 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CURI	Common Stock	Options Exercise		+267,375	+78%		608,996	05 Nov 2024	Direct	F1
transaction	CURI	Common Stock	Tax liability	$281,512	-116,810	-19%	$2.41	492,186	05 Nov 2024	Direct	F2

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	Restricted Stock Units	Options Exercise	$0	-267,375	-100%	$0.000000	0	05 Nov 2024	Common Stock	267,375		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On May 8, 2024 ("Grant Date"), the Company granted Tia Cudahy 534,750 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represented a contingent right to receive one share of common stock. On August 12, 2024, the Board determined that the Company met the performance condition of achieving $3,000,000 in adjusted free cash flow and, as a result, 25,000 of these RSUs vested on that date. On November 5, 2024, the Board determined that the Company met the performance condition of achieving $5,300,000 in adjusted free cash flow and, as a result, the remaining 267,375 of these RSUs vested.
F2	Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.

Content

On May 8, 2024 ("Grant Date"), the Company granted Tia Cudahy 534,750 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represented a contingent right to receive one share of common stock. On August 12, 2024, the Board determined that the Company met the performance condition of achieving $3,000,000 in adjusted free cash flow and, as a result, 25,000 of these RSUs vested on that date. On November 5, 2024, the Board determined that the Company met the performance condition of achieving $5,300,000 in adjusted free cash flow and, as a result, the remaining 267,375 of these RSUs vested.

Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.