Gary S. Loffredo - Apr 25, 2024 Form 4 Insider Report for Cineverse Corp. (CNVS)

Role
CLO, Secretary and Sr Advisor
Signature
/s/ Gary S. Loffredo
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
Aug 3, 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 +142.6% $0.00 170K 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 Appreciation Right (Right to buy) 30K Apr 25, 2024 Class A Common Stock 30K $29.40 Direct F3
holding CNVS Stock Appreciation Right (Right to Buy) 60K Apr 25, 2024 Class A Common Stock 60K $12.80 Direct F4
holding CNVS Stock Appreciation Right (Right to buy) 40K Apr 25, 2024 Class A Common Stock 40K $5.80 Direct F5
* 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 One-third of the stock appreciation rights vested on December 10 of each of 2019, 2020 and 2021.
F4 Of such SARs, 25,000 vested on March 31, 2022, 25,000, vested on March 31, 2023 and 10,000 vested on June 30, 2023.
F5 Of such stock appreciation rights, 13,333 vest on May 16, 2024, 13,333 vest on May 1, 2025 and 13,334 vest on May 1, 2026