SEC Form 4 · accession 0000932440-16-000504
Cineverse Corp. · CNVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Chez
Director · 10% Owner
Period of report
Oct 25, 2016
Accepted (ET)
Oct 26, 2016 · 5:59 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 StockF4,F5 | Oct 25, 2016 | S$0 | 4,900 | — | D | 1,124,535 | D | |
| Class A Common StockF1 | holding | — | — | — | 33,374 | I | By trust | |
| Class A Common StockF2 | holding | — | — | — | 155,000 | I | By entity |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (right to buy) | $18.50 | holding | — | — | — | Oct 21, 2013 | Oct 21, 2018 | Class A Common Stock | 97,500 | 97,500 | D |
| Warrants (right to buy)F3 | — | holding | — | — | — | Jul 14, 2016 | Jul 13, 2023 | Class A Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Owned by the Chez Family Foundation, of which the reporting person is Trustee.
- F2Owned by Ronald L. Chez, Inc., of which the reporting person is President, Secretary and sole shareholder.
- F3Exercise price is $1.34 as to 100,000 shares and $1.68 as to 100,000 shares.
- F4The reporting person sold $50,000 principal amount of notes and the shares reported herein for an aggregate price of $50,000.
- F5This number reflects a corrected balance reflecting an increase of 98,000 shares, due to adminstrative error.
Remarks
All share and price amounts reflect the 1-for10 reverse stock split effected on May 9, 2016.