Torres Mark 4
4 · Cineverse Corp. · Filed Apr 29, 2025
Insider Transaction Report
Form 4
Cineverse Corp.CNVS
Torres Mark
Chief People Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2025-04-25−33,333→ 66,667 total→ Class A Common Stock (33,333 underlying) - Exercise/Conversion
Class A Common Stock
2025-04-25+33,333→ 195,232 total - Tax Payment
Class A Common Stock
2025-04-25$3.00/sh−36,958$110,874→ 158,274 total
Holdings
- 8,334
Stock Appreciation Right (Right to buy)
Exercise: $39.40Exp: 2031-02-17→ Class A Common Stock (8,334 underlying) - 12,500
Stock Appreciation Right (Right to buy)
Exercise: $5.80Exp: 2033-05-16→ Class A Common Stock (12,500 underlying)
Footnotes (5)
- [F1]Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 33,333 vest on April 25 of each of 2025 and 2026 and 33,334 vest on April 25, 2027.
- [F2]Includes 66,667 shares of restricted stock that vest as follows: 33,333 vest on April 25, 2026 and 33,334 vest on April 25, 2027.
- [F3]Constitutes shares delivered in payment of tax liability incident to the vesting of restricted shares and restricted stock units.
- [F4]Of such stock appreciation rights, 2,778 vested on February 17 of each of 2022, 2023 and 2024.
- [F5]Of such stock appreciation rights, 4,167 vest on May 16 of each of 2024, 2025 and 2026.