Smith Galen C 4
4 · Redbox Entertainment Inc. · Filed Aug 12, 2022
Insider Transaction Report
Form 4
Smith Galen C
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Class A common stock, par value $0.0001 per share
2022-08-11−576,036→ 0 total
Footnotes (1)
- [F1]Securities reported as Class A common stock represent restricted stock units ("RSUs") of Redbox Entertainment Inc. (the "Issuer"). In connection with the Issuer's merger with and into a subsidiary of Chicken Soup for the Soul Entertainment, Inc. ("CSSE") pursuant to the Merger Agreement, dated as of May 10, 2022, as amended from time to time, by and among the Issuer, CSSE, and the other parties thereto, vested and unvested Issuer RSUs were automatically cancelled and converted into the right to receive a number of shares of Class A common stock, par value $0.0001, of CSSE equal to 0.087 multiplied by the number of Issuer RSUs held immediately prior to the effective time of the merger, rounded up to the nearest whole share, less applicable withholding taxes.