Cudahy Theresa Ellen 4
4 · CuriosityStream Inc. · Filed Nov 6, 2024
Insider Transaction Report
Form 4
Cudahy Theresa Ellen
COO and Secretary
Transactions
- Exercise/Conversion
Common Stock
2024-11-05+267,375→ 608,996 total - Tax Payment
Common Stock
2024-11-05$2.41/sh−116,810$281,512→ 492,186 total - Exercise/Conversion
Restricted Stock Units
2024-11-05−267,375→ 0 total→ Common Stock (267,375 underlying)
Footnotes (2)
- [F1]On May 8, 2024 ("Grant Date"), the Company granted Tia Cudahy 534,750 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represented a contingent right to receive one share of common stock. On August 12, 2024, the Board determined that the Company met the performance condition of achieving $3,000,000 in adjusted free cash flow and, as a result, 25,000 of these RSUs vested on that date. On November 5, 2024, the Board determined that the Company met the performance condition of achieving $5,300,000 in adjusted free cash flow and, as a result, the remaining 267,375 of these RSUs vested.
- [F2]Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.