Christopher J. Mcgurk - Aug 1, 2023 Form 4 Insider Report for Cineverse Corp. (CNVS)

Role
CEO and Chairman, Director
Signature
/s/ Christopher J. McGurk
Stock symbol
CNVS
Transactions as of
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/3/2023, 07:50 PM
Previous filing
Jan 5, 2023
Next filing
Aug 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Award $0 +196K +202.39% $0.00 293K Aug 1, 2023 Direct F1
holding CNVS Class A Common Stock 19.1K Aug 1, 2023 By Christopher and Jamie McGurk Living Trust 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
holding CNVS Stock Option (Right to buy) 7.5K Aug 1, 2023 Class A Common Stock 7.5K $280.00 Direct F3
holding CNVS Stock Appreciation Right 35K Aug 1, 2023 Class A Common Stock 35K $29.40 Direct F4
holding CNVS Stock Appreciation Right 125K Aug 1, 2023 Class A Common Stock 125K $10.80 Direct F5
holding CNVS Stock Appreciation Right 125K Aug 1, 2023 Class A Common Stock 125K $9.60 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitutes shares received as payment of annual bonus under Management Annual Incentive Plan.
F2 The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust.
F3 One-third of the options vested on March 31 of each of 2015, 2016 and 2017.
F4 One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.
F5 62,500 of the stock appreciation rights vested on November 19, 2020 and 62,500 of the stock appreciation rights vested on March 31, 2023
F6 Of the stock appreciation rights, 41,666 vested on April 1, 2023, 41,666 vest on April 1, 2024 and 41,668 vest on April 1, 2025.