Peter M. Kern - May 25, 2021 Form 4 Insider Report for HEMISPHERE MEDIA GROUP, INC. (HMTV)

Role: Director, 10%+ Owner
Signature: /s/ Peter M. Kern
Stock symbol: HMTV
Transactions as of: May 25, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/27/2021, 04:37 PM
Previous filing: May 18, 2021
Next filing: Jun 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMTV	CLASS A COMMON STOCK	Award	$0	+23.6K	+11.63%	$0.00	226K	May 25, 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents restricted shares of Hemisphere Media Group, Inc. (the "Company") Class A common stock, par value $0.0001 per share ("Common Stock") granted to the Reporting Person in connection with his service on the Company's Board of Directors pursuant to the Hemisphere Media Group, Inc. Amended and Restated 2013 Equity Incentive Plan. The number of restricted shares was calculated by dividing $300,000 by the closing share price of the Common Stock on May 25, 2021, the date of grant. The restricted stock will vest on the day preceding the Company's 2022 annual meeting, subject to the Reporting Person's continued service as a director on such vesting date.

Content

Represents restricted shares of Hemisphere Media Group, Inc. (the "Company") Class A common stock, par value $0.0001 per share ("Common Stock") granted to the Reporting Person in connection with his service on the Company's Board of Directors pursuant to the Hemisphere Media Group, Inc. Amended and Restated 2013 Equity Incentive Plan. The number of restricted shares was calculated by dividing $300,000 by the closing share price of the Common Stock on May 25, 2021, the date of grant. The restricted stock will vest on the day preceding the Company's 2022 annual meeting, subject to the Reporting Person's continued service as a director on such vesting date.