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Cineverse Corp. — Director's Dealing 2019
Nov 21, 2019
34437_dirs_2019-11-21_2865d77f-2f18-4ab4-a8b0-a03815be481e.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: Xu Peixin (Director, 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 | 21666667 | Indirect |
| 2019-08-02 | Class A Common Stock | P | 1900000 | $2850000 | Acquired | 23566667 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-10-09 | Convertible Note | $1.5 | P | 1 | Acquired | 2020-10-08 | Class A Common Stock (3333333) | Indirect |
| 2019-07-12 | Convertible Note | $1.5 | P | 1 | Acquired | 2020-03-04 | Class A Common Stock (6666666) | Indirect |
Footnotes
F1: The Reporting Person is the spouse of the sole owner of Bison Capital Holding Company Limited, which owns 100% equity interest of Bison Entertainment and Media Group ("BEMG") who then holds 100% equity interest of Bison Entertainment Investment Limited ("BEI"). In addition, the Reporting Person through several holding entities, is the controlling beneficially owner of MingTai Investment LP ("MingTai") and Bison Global Investment SPC for and on behalf of Global Investment SPC-Bison Global No. 1 ("Bison Global")
F2: 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 Cinedigam Corp. (the "Company") and BEMG dated July 9, 2019 and transferred by BEMG to BEI pursuant to a share transfer agreement among BEMG and BEI dated October 24, 2019.
F3: 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.
F4: Representing 3,333,333 shares of Class A Common Stock underlying a convertible note issued by the Company to MingTai dated October 8, 2018, in the principal amount of $5,000,000, convertible into shares of Class A Common Stock at $1.50 per share.
F5: Representing 6,666,666 shares of Class A Common Stock underlying a convertible note issued by the Company to Bison Global dated July 12, 2019, in the principal amount of $10,000,000, convertible into shares of Class A Common Stock at $1.50 per share.