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Cineverse Corp. — Director's Dealing 2018
Dec 19, 2018
34437_dirs_2018-12-19_252645b1-4237-43b1-a425-b9fb6c1c38dc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cinedigm Corp. (CIDM)
CIK: 0001173204
Period of Report: 2018-12-12
Reporting Person: Xu Peixin (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-12 | Class A Common Stock | A | 43103 | — | Acquired | 74712 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 19666667 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants (right to buy) | $1.80 | 2022-12-29 | Class A Common Stock (1400000) | 1400000 | Indirect |
Footnotes
F1: The Reporting Person is the spouse of the sole owner of Bison Capital Holding Company Limited, which indirectly owns 19,666,667 shares of Cinedigm Corp. through Bison Entertainment Investment Limited, a wholly owned subsidiary of Bison Capital Holding Company Limited.
F2: Warrants held by Bison Entertainment and Media Group ("BEMG"). The warrants to purchase up to 1,400,000 shares of Class A Common Stock of the Company were issued by Cinedigm Corp. (the "Compnay") to BEMG on December 29, 2017 in connection wtih its agreement to make a loan to the Company in the principal amount of US$10,000,000.
F3: Includes 43,103 shares of Class A Common Stock issued on December 12, 2018 as part of the annual retainer for board service by the Reporting Person for the period from October 1, 2018 to September 30, 2019. Such shares vest as follows: 10,776 on each of December 31, 2018, March 31, 2019 and June 30, 2019 and 10,775 on September 30, 2019, so long as the Reporting Person is a director on each such date.