Antonio Huidor - Apr 25, 2025 Form 4 Insider Report for Cineverse Corp. (CNVS)

Signature
/s/ Antonio Huidor
Stock symbol
CNVS
Transactions as of
Apr 25, 2025
Transactions value $
-$148,770
Form type
4
Date filed
4/29/2025, 09:03 PM
Previous filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Options Exercise +41.7K +25.96% 202K Apr 25, 2025 Direct F1, F2
transaction CNVS Class A Common Stock Tax liability -$149K -49.6K -24.53% $3.00 153K Apr 25, 2025 Direct F2, F3

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 Options Exercise $0 -41.7K -33.33% $0.00 83.3K Apr 25, 2025 Class A Common Stock 41.7K Direct F1
holding CNVS Stock Appreciation Right (Right to buy) 50K Apr 25, 2025 Class A Common Stock 50K $5.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 41,666 vest on April 25 of each of 2025 and 2026 and 41,668 vest on April 25, 2027.
F2 Includes 83,334 shares of restricted stock that vest as follows: 41,666 vest on April 25, 2026 and 41,668 vest on April 25, 2027.
F3 Constitutes shares delivered in payment of tax liability incident to the vesting of restricted shares and restricted stock units..
F4 Of such stock appreciation rights, 16,666 vested on May 16, 2024, 16,666 vest on May 1, 2025 and 16,668 vest on May 1, 2026.