JOHN S. HENDRICKS - 19 Jul 2023 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Signature
/s/ Tia Cudahy as attorney-in-fact for John Hendricks
Issuer symbol
CURI
Transactions as of
19 Jul 2023
Net transactions value
-$21,228
Form type
4
Filing time
21 Jul 2023, 15:53:46 UTC
Previous filing
19 Jul 2023
Next filing
25 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURI Common Stock Sale $12,629 -12,381 -2.1% $1.02 567,653 19 Jul 2023 Direct F1
transaction CURI Common Stock Sale $8,599 -8,349 -1.5% $1.03 559,304 20 Jul 2023 Direct F1
holding CURI Common Stock 21,356,188 19 Jul 2023 By Hendricks Factual Media LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2022.
F2 The reported securities are owned directly by Hendricks Factual Media LLC ("HFM"), and indirectly by John Hendricks, as a manager of HFM. John Hendricks disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.