Cineverse Corp. — Director's Dealing 2021

Jan 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cinedigm Corp. (CIDM)
CIK: 0001173204
Period of Report: 2020-12-24

Reporting Person: Xu Peixin (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-24	Class A Common Stock	S	2961628	$0.65	Disposed	40868165	Indirect
2020-12-28	Class A Common Stock	S	1831918	$0.63	Disposed	39036247	Indirect
2020-12-30	Class A Common Stock	S	4358727	$0.62	Disposed	34677520	Indirect
2020-12-31	Class A Common Stock	S	3865387	$0.61	Disposed	30812133	Indirect

Footnotes

F1: Representing an aggregate 4,793,546 shares of Class A Common Stock that Huatai (defined below) sold in open market.

F2: Representing an aggregate 8,224,114 shares of Class A Common Stock that Bison Global (defined below) sold in open market.

F3: Including (i) 3,900,000 shares of Class A common stock owned by Bison Entertainment Investment Limited ("BEIL"), (ii) 74,712 shares of Class A common stock issued as part of the annual retainer for board service by the reporting person; (iii) 6,666,667 shares, held by Bison Global (defined below); (iv) 9,005,772 shares held by MingTai (defined below); (v) 7,266,367 shares of Class A common stock held by Shangtai (defined below), and (vi) 3,898,615 shares of Class A common stock held by Antai Investment LP, a Cayman Islands registered limited partnership, and the manager of its general partner is controlled by Mr. Peixin Xu, who acquired the shares pursuant to the April Stock Purchase Agreement.

F4: The Reporting Person through his control of Bison Finance Group Limited ("BFGL"), which is a Hong Kong listed company and BFGL's subsidiaries, indirectly manages Bison Global Investment SPC for and on behalf of Bison Global Investment SPC-Bison Global No. 1 ("Bison Global"), Huatai Investment LP ("Huatai"), Antai Investment LP ("Antai"), Mingtai Investment LP ("Mingtai") and Shangtai Asset Management LP ("Shangtai", collectively with Bison Global, Huatai, Antai, Mingtai and Shangtai, the "April investors"). BEIL is a wholly-owned subsidiary of BEMG which is wholly owned by Bison Capital Holding Company Limited ("Bison Capital"). Ms. Fengyun Jiang is the shareholder of 100% ownership of Bison Capital and also spouse of Mr. Xu and therefore beneficially holds the Issuer's outstanding common stock through Bison Capital's ownership of BEIL. Mr. Xu, being Ms. Jiang's husband indirectly beneficially holds the Issuer's outstanding common stock as set forth in this Form 4.