4//SEC Filing
Hendricks Factual Media LLC 4
Accession 0001213900-21-056457
CIK 0001776909other
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 4:31 PM ET
Size
6.5 KB
Accession
0001213900-21-056457
Insider Transaction Report
Form 4
Hendricks Factual Media LLC
Director10% Owner
Transactions
- Other
Common Stock
2021-02-22$10.04/sh−13,492$135,460→ 21,356,188 total
Footnotes (2)
- [F1]1,030,448 shares were unintentionally omitted from the reporting person's original Form 3 filed on October 15, 2020. These 1,030,448 shares were being held in escrow and were subject to forfeiture during the one-year period following the merger of the company formerly known as CuriosityStream, Inc. ("Legacy CuriosityStream") with and into the Issuer (the "Merger") to satisfy indemnification obligations and final working capital calculations. At the effective time of the Merger, each share of Legacy CuriosityStream common stock issued and outstanding immediately prior to the effective time was converted into the right to receive 0.62622713 of a share of the Issuer's common stock and each share of Legacy CuriosityStream preferred stock issued and outstanding immediately prior to the effective time was converted into the right to receive 1.202259922 of a share of the Issuer's common stock, with fractional shares rounded to the nearest whole share. The 1,016,956 indemnification escrow shares were released from escrow to the reporting person on October 18, 2021. The 21,356,188 shares being reported by the reporting person on this Form 4 reflect the release of the 1,016,956 indemnification escrow shares to the reporting person and the forfeiture of the 13,492 working capital escrow shares as reported herein.
- [F2]Forfeiture of shares as a result of final working capital calculations pursuant to the escrow agreement entered into on October 14, 2020 in connection with the Merger.
Documents
Issuer
CuriosityStream Inc.
CIK 0001776909
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001827515
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 4:31 PM ET
- Size
- 6.5 KB