Christopher J. Mcgurk - Oct 17, 2022 Form 4 Insider Report for Cinedigm Corp. (CNVS)

Role
CEO and Chairman, Director
Signature
/s/ Christopher J. McGurk
Stock symbol
CNVS
Transactions as of
Oct 17, 2022
Transactions value $
$0
Form type
4
Date filed
10/19/2022, 07:10 PM
Previous filing
Aug 22, 2022
Next filing
Jan 5, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CNVS Class A Common Stock 1.93M Oct 17, 2022 Direct
holding CNVS Class A Common Stock 382K Oct 17, 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
transaction CNVS Stock Appreciation Right Award $0 +2.5M $0.00 2.5M Oct 17, 2022 Class A Common Stock 2.5M $0.48 Direct F5
holding CNVS Stock Options (Right to Buy) 150K Oct 17, 2022 Class A Common Stock 150K $14.00 Direct F2
holding CNVS Stock Appreciation Right 700K Oct 17, 2022 Class A Common Stock 700K $1.47 Direct F3
holding CNVS Stock Appreciation Right 2.5M Oct 17, 2022 Class A Common Stock 2.5M $0.54 Direct F4
* 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 One-third of the options vested on March 31 of each of 2015, 2016 and 2017.
F3 One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.
F4 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.
F5 833,333, 833,333 and 833,334 of the stock appreciation rights vest on April 1, 2023, April 1, 2024 and April 1, 2025, respectively.