Brady Hayden - Nov 5, 2024 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Role
Chief Financial Officer
Signature
/s/ P. Brady Hayden
Stock symbol
CURI
Transactions as of
Nov 5, 2024
Transactions value $
-$18,056
Form type
4
Date filed
11/7/2024, 11:23 AM
Previous filing
Oct 11, 2024
Next filing
Nov 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURI Common Stock Options Exercise +25K 25K Nov 5, 2024 Direct F1
transaction CURI Common Stock Tax liability -$18.1K -7.49K -29.97% $2.41 17.5K Nov 5, 2024 Direct F2
transaction CURI Common Stock Gift $0 -17.5K -50% $0.00 17.5K Nov 6, 2024 Direct F3
holding CURI Common Stock 24K Nov 5, 2024 Held by Plan Z, LLC, of which Mr. Hayden is managing member.
holding CURI Common Stock 34.7K Nov 5, 2024 Held by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.

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 -25K -100% $0.00 0 Nov 5, 2024 Common Stock 25K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
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, which does not constitute an actual sale or other open market transaction.
F3 Reflects the exempt transfer of 17,508 shares from Mr. Hayden to P. Brady Hayden Revocable Trust on November 6, 2024 for no consideration. The reporting person is trustee of the trust, and the reporting person is the sole beneficiary of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
F4 On May 8, 2024 ("Grant Date"), the Company granted Brady Hayden 50,000 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 25,000 of these RSUs vested.