Form 4 for CURI CuriosityStream Inc.
Accepted 2024-08-14 00:00:00 ET · period of report 2024-08-12 · accession 0001628280-24-037163 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-08-14 | 2024-08-12 | CURI | Cudahy Theresa Ellen | COO, Gen Counsel, Sec | M - OptEx | — | +267.4K | 435.5K | +159% | — |
| D | 2024-08-14 | 2024-08-12 | CURI | Cudahy Theresa Ellen | COO, Gen Counsel, Sec | M - OptEx | $0.00 | -267.4K | 267.4K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-08-12 | M | A | 267,375 | — | 435,470 | D | — | — | (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 represents a contingent right to receive one share of common stock. On August 12, 2024, the Board and Compensation Committee determined that the Company met the performance condition of $3,000,000 in adjusted free cash flow and, as a result, 267,375 of these RSUs vested. The remaining 267,375 RSUs will vest upon the Company's achieving $5,300,000 in adjusted free cash flow ("Second Performance Condition"). If the Second Performance Condition is not met, these RSUs will vest in three annual installments on each of the first, second, and third anniversaries of the Grant Date. Vesting is subject to continued employment on each applicable vesting date. |
| 2 | Derivative | Restricted Stock Units | 2024-08-12 | M | D | 267,375 | $0.00 | 267,375 | D | — · — to — | 267,375 Common Stock | (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 represents a contingent right to receive one share of common stock. On August 12, 2024, the Board and Compensation Committee determined that the Company met the performance condition of $3,000,000 in adjusted free cash flow and, as a result, 267,375 of these RSUs vested. The remaining 267,375 RSUs will vest upon the Company's achieving $5,300,000 in adjusted free cash flow ("Second Performance Condition"). If the Second Performance Condition is not met, these RSUs will vest in three annual installments on each of the first, second, and third anniversaries of the Grant Date. Vesting is subject to continued employment on each applicable vesting date. |