Cineverse Corp. — Director's Dealing 2020

Nov 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cinedigm Corp. (CIDM)
CIK: 0001173204
Period of Report: 2020-11-19

Reporting Person: MCGURK CHRISTOPHER J (Director, CEO and Chairman)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-19	Stock Appreciation Rights	$.54	A	2500000	Acquired	2030-11-19	Class A Common Stock (2500000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	781740	Direct
Class A Common Stock	382333	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$	2020-12-23	Class A Common Stock (450000)	450000	Direct
Stock Options (Right to Buy)	$14.00	2023-08-22	Class A Common Stock (150000)	150000	Direct
Stock Appreciation Right	$1.47	2028-06-07	Class A Common Stock (700000)	700000	Direct

Footnotes

F1: The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust.

F2: These 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.

F3: One-third of the options vested on March 31of each of 2015, 2016 and 2017.

F4: One-third of the stock appreciation right will vest on March 31 of each of 2019, 2020 and 2021.

F5: 1,250,000 of the SARs vested on November 19, 2020 and 1,250,000 of the SARs vest on March 31, 2023.