Theresa Ellen Cudahy - Nov 5, 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
Stock symbol: CURI
Transactions as of: Nov 5, 2024
Transactions value $: -$281,512
Form type: 4
Date filed: 11/6/2024, 12:51 PM
Previous filing: Aug 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CURI	Common Stock	Options Exercise		+267K	+78.27%		609K	Nov 5, 2024	Direct	F1
transaction	CURI	Common Stock	Tax liability	-$282K	-117K	-19.18%	$2.41	492K	Nov 5, 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	-267K	-100%	$0.00	0	Nov 5, 2024	Common Stock	267K		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.