Clinton Larry Stinchcomb - 07 May 2025 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Signature
/s/ Talha Sarhandi as attorney-in-fact for Clint Stinchcomb
Issuer symbol
CURI
Transactions as of
07 May 2025
Transactions value $
-$549,396
Form type
4
Filing time
09 May 2025, 12:27:04 UTC
Previous filing
16 Dec 2024
Next filing
17 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stinchcomb Clinton Larry President and CEO, Director 8484 GEORGIA AVE., SUITE 700, SILVER SPRING /s/ Talha Sarhandi as attorney-in-fact for Clint Stinchcomb 09 May 2025 0001827441

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURI Common Stock Options Exercise +302K +14% 2.46M 07 May 2025 Direct F1
transaction CURI Common Stock Tax liability -$549K -119K -4.83% $4.63 2.34M 07 May 2025 Direct F2

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 Options Exercise $0 -302K -33.33% $0.00 603K 07 May 2025 Common Stock 302K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 09, 2024 ("Grant Date"), the Company granted Clint Stinchcomb 905,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. On May 07, 2025, the Board and Compensation Committee determined that the Company met the ("First Performance Condition") of $4,500,000 in adjusted free cash flow and, as a result, one third 301,667 of these RSUs vested. The remaining two third 603,333 RSUs will vest upon the Company's achieving $9,000,000 in adjusted free cash flow ("Second Performance Condition") during the period October 1, 2024, to September 30, 2025 (Performance Period). In the event that the Second Condition is not met, the remaining two third of unvested RSUs will be cancelled. All vesting events are subject to continued employment on each applicable vesting date.
F2 Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.