4//SEC Filing
Stinchcomb Clinton Larry 4
Accession 0001628280-25-024133
CIK 0001776909other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 12:27 PM ET
Size
17.0 KB
Accession
0001628280-25-024133
Insider Transaction Report
Form 4
Stinchcomb Clinton Larry
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2025-05-07+301,667→ 2,456,973 total - Tax Payment
Common Stock
2025-05-07$4.63/sh−118,660$549,396→ 2,338,313 total - Exercise/Conversion
Restricted Stock Units
2025-05-07−301,667→ 603,333 total→ Common Stock (301,667 underlying)
Footnotes (2)
- [F1]On October 09, 2024 ("Grant Date"), the Company granted Clint Stinchcomb 905,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. On May 07, 2025, the Board and Compensation Committee determined that the Company met the ("First Performance Condition") of $4,500,000 in adjusted free cash flow and, as a result, one third 301,667 of these RSUs vested. The remaining two third 603,333 RSUs will vest upon the Company's achieving $9,000,000 in adjusted free cash flow ("Second Performance Condition") during the period October 1, 2024, to September 30, 2025 (Performance Period). In the event that the Second Condition is not met, the remaining two third of unvested RSUs will be cancelled. All vesting events are subject to continued employment on each applicable vesting date.
- [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.
Issuer
CuriosityStream Inc.
CIK 0001776909
Entity typeother
Related Parties
1- filerCIK 0001827441
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 12:27 PM ET
- Size
- 17.0 KB