SEC Form 4 · accession 0000932440-15-000108
Cineverse Corp. · CNVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J McGurk
Officer — CEO and Chairman · Director
Period of report
Mar 23, 2015
Accepted (ET)
Mar 23, 2015 · 8:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001173204
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 23, 2015 | A | 167,785 | $0.00 | A | 367,400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | — | holding | — | — | — | — | Dec 23, 2020 | Class A Common Stock | 4,500,000 | 4,500,000 | D |
| Stock Options (Right to Buy)F2 | $1.40 | holding | — | — | — | — | Aug 22, 2023 | Class A Common Stock | 1,500,000 | 1,500,000 | D |
Explanation of responses
- F1These options are grouped in three tranches, consisting of 1,500,000 having an exercise price of $1.50, 2,500,000 having an exercise price of $3.00 and 500,000 having an exercise price of $5.00. One-third of the options in each tranche vested on December 23 of each of 2011, 2012 and 2013.
- F2One-third of the options vest on March 31of each of 2015, 2016 and 2017.