Cineverse Corp. — Director's Dealing 2023

Aug 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cineverse Corp. (CNVS)
CIK: 0001173204
Period of Report: 2023-08-17

Reporting Person: MCGURK CHRISTOPHER J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-17	Class A Common Stock	A	47000	$1.11	Acquired	66116	Indirect
2023-08-18	Class A Common Stock	A	37410	$1.28	Acquired	103526	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	292519	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to buy)	$280	2023-08-22	Class A Common Stock (7500)	7500	Direct
Stock Appreciation Right	$29.40	2028-06-07	Class A Common Stock (35000)	35000	Direct
Stock Appreciation Right	$10.80	2030-11-19	Class A Common Stock (125000)	125000	Direct
Stock Appreciation Right	$9.60	2032-10-17	Class A Common Stock (125000)	125000	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.03 to $1.16, inclusive. The reporting person undertakes to provide Cineverse Corp., any security holder of Cineverse Corp. or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.165 to $1.37, inclusive. The reporting person undertakes to provide Cineverse Corp., any security holder of Cineverse Corp. or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: One-third of the options vested on March 31 of each of 2015, 2016 and 2017.

F5: One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021.

F6: 62,500 of the stock appreciation rights vested on November 19, 2020 and 62,500 of the stock appreciation rights vested on March 31, 2023.

F7: Of the stock appreciation rights, 41,666 vested on April 1, 2023, 41,666 vest on April 1, 2024 and 41,668 vest on April 1, 2025.