Clinton Larry Stinchcomb - 08 May 2024 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Role: President and CEO, Director
Signature: /s/ P. Brady Hayden as attorney-in-fact for Clint Stinchcomb
Issuer symbol: CURI
Transactions as of: 08 May 2024
Transactions value $: $0
Form type: 4
Filing time: 10 May 2024, 12:56:05 UTC
Previous filing: 22 Apr 2024
Next filing: 23 May 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	CURI	Restricted Stock Units	Award	$0	+2,125,000		$0	2,125,000	08 May 2024	Common Stock	2,125,000		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On May 8, 2024, the Company granted Clint Stinchcomb 2,125,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of common stock. The RSUs granted will vest one half upon the date that the Board or Compensation Committee of the Board determines that the Company has achieved $3,000,000 in adjusted free cash flow ("First Condition"); and one half upon the date that the Board or the Committee determines that the Company has achieved adjusted free cash flow of $5,300,000 (together with the First Condition, the "Performance Conditions"); in the event that the Performance Conditions are not met, then in three substantially equal annual installments on each of the first, second, and third anniversaries of the Grant Date; and will be settled upon vesting (or within 30 days thereafter). All vesting events are subject to continued employment on each applicable vesting date.

Content

On May 8, 2024, the Company granted Clint Stinchcomb 2,125,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of common stock. The RSUs granted will vest one half upon the date that the Board or Compensation Committee of the Board determines that the Company has achieved $3,000,000 in adjusted free cash flow ("First Condition"); and one half upon the date that the Board or the Committee determines that the Company has achieved adjusted free cash flow of $5,300,000 (together with the First Condition, the "Performance Conditions"); in the event that the Performance Conditions are not met, then in three substantially equal annual installments on each of the first, second, and third anniversaries of the Grant Date; and will be settled upon vesting (or within 30 days thereafter). All vesting events are subject to continued employment on each applicable vesting date.