10/10/2025 | Press release | Distributed by Public on 10/10/2025 19:07
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Right (Right to buy) | $29.40 | (3) | 06/07/2028 | Class A Common Stock | 35,000 | 35,000 | D | ||||||||
Stock Appreciation Right (Right to buy) | $10.80 | (4) | 11/19/2030 | Class A Common Stock | 125,000 | 125,000 | D | ||||||||
Stock Appreciation Right (Right to buy) | $9.60 | (5) | 10/17/2032 | Class A Common Stock | 125,000 | 125,000 | D | ||||||||
Restricted Stock Unit | (6) | (6) | (6) | Class A Common Stock | 100,000 | 100,000 | D | ||||||||
Restricted Stock Unit | (7) | (7) | (7) | Class A Common Stock | 120,000 | 120,000 | D | ||||||||
Restricted Stock Unit | (8) | 10/08/2025 | A | 263,006 | (8) | (8) | Class A Common Stock | 263,006 | $ 0 | 263,006 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MCGURK CHRISTOPHER J C/O CINEVERSE CORP. 224 W. 35TH STREET, SUITE 500, #947 NEW YORK, NY 10001 |
X | CEO and Chairman |
/s/ Christopher J. McGurk | 10/10/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust. |
(2) | Includes 100,000 shares of restricted stock that vest as follows: 50,000 vest on April 25 of each of 2026 and 2027. |
(3) | One-third of the stock appreciation rights vested on March 31 of each of 2019, 2020 and 2021. |
(4) | 62,500 of the stock appreciation rights vested on November 19, 2020 and 62,500 of the stock appreciation rights vested on March 31, 2023. |
(5) | Of the stock appreciation rights, 41,666 vested on April 1, 2023, 41,666 vested on April 1, 2024 and 41,668 vested on April 1, 2025. |
(6) | Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 50,000 vest on April 25 of each of 2025, 2026 and 2027. |
(7) | Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 40,000 vest on May 1 of each of 2026, 2027 and 2028. |
(8) | Each restricted stock unit has a value equal to one share of Class A common stock. Of such RSUs, 87,669 vest on October 8 of each of 2026 and 2027 and 87,668 vest on October 8, 2028. |