David Stidham - May 5, 2024 Form 4 Insider Report for 5&2 Studios, Inc. (NONE)

Role
SVP, General Counsel
Signature
/s/ David Stidham
Stock symbol
NONE
Transactions as of
May 5, 2024
Transactions value $
$0
Form type
4
Date filed
3/27/2025, 06:11 PM
Previous filing
Apr 1, 2024
SEC
View on sec.gov

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 NONE Phantom Stock Award $0 +106K $0.00 106K May 5, 2024 Series B Common Stock 106K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Series B Common Stock.
F2 Pursuant to the terms of the 2024 Executive Interests Plan, each Phantom Stock vests upon a qualifying sale.
F3 Pursuant to the terms of the 2024 Executive Interests Plan, each unvested Phantom Stock will expire following the date of a qualifying sale, and all then-held Phantom Stock will expire if a participant's employment or engagement terminates for any reason.