SEC Form 4 · accession 0000932440-17-000081
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
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 4:07 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 StockF1 | Nov 1, 2017 | A | 333,333 | $1.50 | A | 382,333 | I | By Christopher and Jamie McGurk Living Trust |
| Class A Common Stock | holding | — | — | — | 461,740 | 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)F2 | — | holding | — | — | — | — | Dec 23, 2020 | Class A Common Stock | 450,000 | 450,000 | D |
| Stock Options (Right to Buy)F3 | $14.00 | holding | — | — | — | — | Aug 22, 2023 | Class A Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust.
- F2These options are grouped in three tranches, consisting of 150,000 having an exercise price of $15.00, 250,000 having an exercise price of $30.00 and 50,000 having an exercise price of $50.00. One-third of the options in each tranche vested on December 23 of each of 2011, 2012 and 2013.
- F3One-third of the options vested on March 31of each of 2015, 2016 and 2017.