Cineverse Corp. — Director's Dealing 2016

Mar 2, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cinedigm Corp. (CIDM)
CIK: 0001173204
Period of Report: 2016-02-29

Reporting Person: Rhine Zvi Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-29	Class A Common Stock	A	192307	—	Acquired	681199	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1070000	Indirect
Class A Common Stock	74000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants (right to buy)	$1.85	2018-10-21	Class A Common Stock (26250)	26250	Direct
Warrants (right to buy)	$1.85	2018-10-21	Class A Common Stock (52500)	52500	Indirect

Footnotes

F1: Owned by Sabra Investments, LP (the "Fund").

F2: Owned by Sabra Capital Partners, LLC (the "General Partner").

F3: The General Partner, as the general partner of the Fund, may be deemed to beneficially owne the shares of Class A Common Stock disclosed as directly owned by the Fund in this statement. As the principal of the Fund and the Genera Partner, the Reporting Person may be deemed to beneficially owne the shares of Class A Common Stock disclosed as directly owned by the Fund and the General Partner in this statement. Each of the General Partner and the Reporting Person expressly discloaims siuch beneficial ownership except to the extent of any pecuniary interest therein.

F4: Includes 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.