Brady Hayden - 07 May 2025 Form 4 Insider Report for CuriosityStream Inc. (CURI)

Signature
/s/ P. Brady Hayden
Issuer symbol
CURI
Transactions as of
07 May 2025
Transactions value $
$-75,521
Form type
4
Filing time
09 May 2025, 16:40:38 UTC
Previous filing
03 Jan 2025
Next filing
29 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hayden Phillip Brady Chief Financial Officer 8484 GEORGIA AVE, SUITE 700, SILVER SPRING /s/ P. Brady Hayden 09 May 2025 0001938940

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURI Common Stock Options Exercise +50,833 50,833 07 May 2025 Direct F1
transaction CURI Common Stock Tax liability $-70,631 -15,255 -30% $4.63 35,578 07 May 2025 Direct F2
transaction CURI Common Stock Gift $0 -35,578 -100% $0.000000 0 08 May 2025 Direct F3
transaction CURI Common Stock Gift +35,578 +64.1% 91,052 08 May 2025 Held by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee. F3
transaction CURI Common Stock Sale $-4,891 -1,000 -1.1% $4.89 90,052 09 May 2025 Held by P. Brady Hayden Revocable Trust, of which Mr. Hayden is the trustee.
holding CURI Common Stock 25,000 07 May 2025 Held by Plan Z, LLC, of which Mr. Hayden is managing member.

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 -50,833 -33.3% 101,667 07 May 2025 Common Stock 50,833 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 Brady Hayden 152,500 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 50,833 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, which does not constitute an actual sale or other open market transaction.
F3 Reflects the exempt transfer of 35,578 shares from Mr. Hayden to P. Brady Hayden Revocable Trust on May 08, 2025 for no consideration. The reporting person is trustee of the trust, and the reporting person is the sole beneficiary of the trust. The reporting person remains the beneficial owner of the securities held by the trust.