R. Rebecca Reed - May 7, 2025 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Role: Gen Counsel
Signature: /s/ P. Brady Hayden as attorney-in-fact for Rebecca Reed
Stock symbol: CURI
Transactions as of: May 7, 2025
Transactions value $: -$21,631
Form type: 4
Date filed: 5/9/2025, 04:35 PM
Previous filing: Apr 21, 2025
Next filing: May 21, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Reed Rebecca R	Gen Counsel	8484 GEORGIA AVE SUITE 700, SILVER SPRING	/s/ P. Brady Hayden as attorney-in-fact for Rebecca Reed	2025-05-09	0002051144

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CURI	Common Stock	Options Exercise		+13.3K	+60.44%		35.4K	May 7, 2025	Direct	F1
transaction	CURI	Common Stock	Tax liability	-$21.6K	-4.67K	-13.2%	$4.63	30.7K	May 7, 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		-13.3K	-33.33%		26.7K	May 8, 2025	Common Stock	13.3K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On October 9, 2024, the Company granted Rebecca Reed 40,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan (the "Award"). Each RSU represents a contingent right to receive one share of common stock. On May 7, 2025, the Board determined that the Company met the first performance condition of the Award, by achieving more than $4,500,000 in adjusted free cash flow since October 1, 2024, and thereby triggering the vesting of one-third of the Award, or 13,333 RSUs. The second performance condition that would trigger vesting and distribution of the remaining two-thirds of the Award is confirmation by the Board that the Company achieved at least $9 million in adjusted free cash flow during the period October 1, 2024 through September 30, 2025. In the event that the second performance condition is not met, the remaining RSUs will be cancelled. Vesting is subject to continued employment on the 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.

Content

On October 9, 2024, the Company granted Rebecca Reed 40,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan (the "Award"). Each RSU represents a contingent right to receive one share of common stock. On May 7, 2025, the Board determined that the Company met the first performance condition of the Award, by achieving more than $4,500,000 in adjusted free cash flow since October 1, 2024, and thereby triggering the vesting of one-third of the Award, or 13,333 RSUs. The second performance condition that would trigger vesting and distribution of the remaining two-thirds of the Award is confirmation by the Board that the Company achieved at least $9 million in adjusted free cash flow during the period October 1, 2024 through September 30, 2025. In the event that the second performance condition is not met, the remaining RSUs will be cancelled. Vesting is subject to continued employment on the vesting date.

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.