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

Role
Chief People Officer
Signature
/s/ Mark Torres
Stock symbol
CNVS
Transactions as of
Apr 25, 2025
Transactions value $
-$110,874
Form type
4
Date filed
4/29/2025, 09:05 PM
Previous filing
Apr 26, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNVS Class A Common Stock Options Exercise +33.3K +20.59% 195K Apr 25, 2025 Direct F1, F2
transaction CNVS Class A Common Stock Tax liability -$111K -37K -18.93% $3.00 158K Apr 25, 2025 Direct 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 -33.3K -33.33% $0.00 66.7K Apr 25, 2025 Class A Common Stock 33.3K Direct F1
holding CNVS Stock Appreciation Right (Right to buy) 8.33K Apr 25, 2025 Class A Common Stock 8.33K $39.40 Direct F4
holding CNVS Stock Appreciation Right (Right to buy) 12.5K Apr 25, 2025 Class A Common Stock 12.5K $5.80 Direct F5
* 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, 33,333 vest on April 25 of each of 2025 and 2026 and 33,334 vest on April 25, 2027.
F2 Includes 66,667 shares of restricted stock that vest as follows: 33,333 vest on April 25, 2026 and 33,334 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, 2,778 vested on February 17 of each of 2022, 2023 and 2024.
F5 Of such stock appreciation rights, 4,167 vest on May 16 of each of 2024, 2025 and 2026.