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Cineverse Corp. — Director's Dealing 2019
Nov 21, 2019
34437_dirs_2019-11-21_c07df599-f5ba-40e4-ba39-2c9e0d143361.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: 2019-07-09
Reporting Person: Bison Entertainment & Media Group (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-09 | Class A Common Stock | P | 2000000 | $4500000 | Acquired | 2000000 | Direct |
| 2019-08-02 | Class A Common Stock | P | 1900000 | $2850000 | Acquired | 3900000 | Direct |
| 2019-10-24 | Class A Common Stock | J | 3900000 | — | Disposed | 2366667 | Indirect |
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) | $1.8 | 2022-12-29 | Class A Common Stock (1400000) | 1400000 | Indirect |
Footnotes
F1: Bison Capital Holding Company Limited owns 100% equity interest of Bison Entertainment and Media Group ("BEMG") who then holds 100% equity interest of Bison Entertainment Investment Limited ("BEI").
F2: Warrants held by 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 "Company") to BEMG on December 29, 2017 in connection with its agreement to make a loan to the Company in the principal amount of US$10,000,000.
F3: Representing 2,000, 000 shares of Class A Common Stock originally issued to BEMG at $1.50 per share pursuant to a purchase agreement between the Company and BEMG dated July 9, 2019 and transferred by BEMG to BEI pursuant to a share transfer agreement among BEM and, BEI dated October 24, 2019.
F4: Representing 1,900,000 shares of Class A Common Stock originally issued to BEMG at $1.50 per share pursuant to a purchase agreement between the Company and BEMG dated August 2, 2019 and later transferred by BEMG to BEI pursuant to a share transfer agreement among BEMG and BEI dated October 24, 2019.