4//SEC Filing
Stinchcomb Clinton Larry 4
Accession 0001628280-25-038979
CIK 0001776909other
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 5:01 PM ET
Size
9.8 KB
Accession
0001628280-25-038979
Insider Transaction Report
Form 4
Stinchcomb Clinton Larry
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2025-08-05+600,000→ 2,605,827 total - Tax Payment
Common Stock
2025-08-06$4.71/sh−236,055$1,111,819→ 2,369,772 total - Exercise/Conversion
Restricted Stock Units
2025-08-05−600,000→ 1,800,000 total→ Common Stock (600,000 underlying)
Footnotes (3)
- [F1]On July 15, 2025, the Company granted Mr. Stinchcomb 2,400,000 restricted stock units (RSUs) with tandem dividend equivalent rights under the 2020 Omnibus Incentive Plan. Each RSU represents the right to receive one share of common stock. The RSUs granted are performance-based, subject to the Company achieving certain stock price or financial performance goals. All vesting is subject to continued employment on the applicable vesting date and any RSUs not earned during the term of Mr. Stinchcomb's employment agreement ("Agreement") will be cancelled. The dividend equivalents rights entitle Mr. Stinchcomb to payout of dividends accrued on each unvested RSU to the extent such RSUs vest and are distributed under the Agreement.
- [F2]On August 4, 2025, the Board determined that the Company met the first performance condition of the award by achieving 35% year-over-year revenue growth for the period January 1 through June 30, 2025, compared to the same period in 2024, and thereby triggering the vesting of the first tranche of the Award, or 600,000 RSUs.
- [F3]Represents the withholding of shares of the Company's common stock for payment of income tax in connection with the vesting of restricted stock units disclosed above as an acquisition of shares, which such netting of shares does not constitute an actual sale or other open market transaction.
Documents
Issuer
CuriosityStream Inc.
CIK 0001776909
Entity typeother
Related Parties
1- filerCIK 0001827441
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 5:01 PM ET
- Size
- 9.8 KB