SEC Form 4 · accession 0000932440-16-000345
Cineverse Corp. · CNVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Brown
Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 4:08 pm EST
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 StockF2,F3 | Feb 29, 2016 | A | 192,307 | $0.00 | A | 343,017 | D | |
| Class A Common StockF3,F1 | holding | — | — | — | 595,949 | I | See foonote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are held by Grassmere Partners, LLC, of which the Reporting Person is Chairman. The Reporting Person disclaims beneficial ownership of the shares except to the extent of any pecuniary interest therein.
- F2Includes 192,307 shares of Class A Common Stock issued on February 29, 2016 as part of the annual retainer for the year of board service by the Reporting Person commencing October 15, 2015. Such shares vest as follows: 40,569 on December 31, 2015, 47,945 on March 31, 2016, 47,945 on June 30, 2016 and 55,848 on October 14, 2016, so long as the Reporting Person is a director on each such date.
- F3Reflects the transfer on September 11, 2015 of 67,567 shares owned directly by the Reporting Person to Grassmere Partners, LLC. Such transfer was exempt pursuant to Rule 16a-13.