Christopher J. Mcgurk - Aug 18, 2022 Form 4 Insider Report for Cinedigm Corp. (CNVS)

Role
CEO and Chairman
Signature
/s/ Christopher J. McGurk
Stock symbol
CNVS
Transactions as of
Aug 18, 2022
Transactions value $
$0
Form type
4
Date filed
8/22/2022, 05:43 PM
Previous filing
Jan 5, 2022
Next filing
Oct 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Award $0 +125K +11.35% $0.00 1.23M Aug 18, 2022 Direct F2
transaction CNVS Class A Common Stock Award $0 +708K +57.71% $0.00 1.93M Aug 18, 2022 Direct F3
holding CNVS Class A Common Stock 382K Aug 18, 2022 By Christopher and Jamie McGurk Living Trust 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
holding CNVS Stock Options (Right to Buy) 150K Aug 18, 2022 Class A Common Stock 150K $14.00 Direct F4
holding CNVS Stock Appreciation Right 700K Aug 18, 2022 Class A Common Stock 700K $1.47 Direct F5
holding CNVS Stock Appreciation Right 2.5M Aug 18, 2022 Class A Common Stock 2.5M $0.54 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust.
F2 Constitutes shares received in settlement of performance stock units ("PSUs") upon vesting.
F3 Constitutes shares received as partial payment of annual bonus under Management Annual Incentive Plan.
F4 One-third of the options vested on March 31 of each of 2015, 2016 and 2017.
F5 One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.
F6 1,250,00 of the stock appreciation rights vested on November 19, 2020 and 1,250,000 of the stock appreciation rights vest on March 31, 2023.