4//SEC Filing
Hayden Phillip Brady 4
Accession 0001628280-25-024316
CIK 0001776909other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 4:40 PM ET
Size
15.0 KB
Accession
0001628280-25-024316
Insider Transaction Report
Form 4
Hayden Phillip Brady
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-05-07+50,833→ 50,833 total - Tax Payment
Common Stock
2025-05-07$4.63/sh−15,255$70,631→ 35,578 total - Gift
Common Stock
2025-05-08−35,578→ 0 total - Gift
Common Stock
2025-05-08+35,578→ 91,052 total(indirect: By Trust) - Sale
Common Stock
2025-05-09$4.89/sh−1,000$4,891→ 90,052 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2025-05-07−50,833→ 101,667 total→ Common Stock (50,833 underlying)
Holdings
- 25,000(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]On October 9, 2024, the Company granted Brady Hayden 152,500 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan (the "Award"). Each RSU represents a contingent right to receive one share of common stock. On May 7, 2025, the Board determined that the Company met the first performance condition of the Award, by achieving more than $4,500,000 in adjusted free cash flow since October 1, 2024, and thereby triggering the vesting of one-third of the Award, or 50,833 RSUs. The second performance condition that would trigger vesting and distribution of the remaining two-thirds of the Award is confirmation by the Board that the Company achieved at least $9 million in adjusted free cash flow during the period October 1, 2024 through September 30, 2025. In the event that the second performance condition is not met, the remaining RSUs will be cancelled. Vesting is subject to continued employment on the 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, which does not constitute an actual sale or other open market transaction.
- [F3]Reflects the exempt transfer of 35,578 shares from Mr. Hayden to P. Brady Hayden Revocable Trust on May 08, 2025 for no consideration. The reporting person is trustee of the trust, and the reporting person is the sole beneficiary of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
Documents
Issuer
CuriosityStream Inc.
CIK 0001776909
Entity typeother
Related Parties
1- filerCIK 0001938940
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 4:40 PM ET
- Size
- 15.0 KB