Mark Torres - Apr 25, 2024 Form 4 Insider Report for Cineverse Corp. (CNVS)

Signature
/s/ Mark Torres
Stock symbol
CNVS
Transactions as of
Apr 25, 2024
Transactions value $
$0
Form type
4
Date filed
4/26/2024, 05:00 PM
Previous filing
Nov 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Award $0 +100K +161.55% $0.00 162K Apr 25, 2024 Direct F1

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 CNVS Restricted Stock Unit Award $0 +100K $0.00 100K Apr 25, 2024 Class A Common Stock 100K Direct F2
holding CNVS Stock Option Right (Right to buy) 8.33K Apr 25, 2024 Class A Common Stock 8.33K $39.40 Direct F3
holding CNVS Stock Option Right (Right to buy) 12.5K Apr 25, 2024 Class A Common Stock 12.5K $5.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 100,000 shares of restricted stock that vest as follows: 33,333 vest on April 25 of each of 2025 and 2026 and 33,334 vest on April 25, 2027.
F2 Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,333 vest on April 25 of each of 2025 and 2026 and 33,334 vest on April 25, 2027.
F3 Of such stock appreciation rights, 2,778 vested on February 17 of each of 2022, 2023 and 2024.
F4 Of such stock appreciation rights, 4,167 vest on May 16 of each of 2024, 2025 and 2026.