Form 4 for CURI CuriosityStream Inc.
Accepted 2024-11-06 00:00:00 ET · period of report 2024-11-05 · accession 0001628280-24-045573 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-11-06 | 2024-11-05 | CURI | Stinchcomb Clinton Larry | Pres, CEO, Dir | M - OptEx | — | +1.10M | 2.68M | +70% | — |
| D | 2024-11-06 | 2024-11-05 | CURI | Stinchcomb Clinton Larry | Pres, CEO, Dir | F - Tax | $2.41 | -433.0K | 2.25M | -16% | -$1.04M |
| DM | 2024-11-06 | 2024-11-05 | CURI | Stinchcomb Clinton Larry | Pres, CEO, Dir | M - OptEx | $0.00 | -1.10M | 0 | -100% | $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 | 2024-11-05 | M | A | 1,062,500 | — | 2,638,560 | D | — | — | (F1) On May 8, 2024 ("Grant Date"), the Company granted Clint Stinchcomb 2,125,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represented a contingent right to receive one share of common stock. On August 12, 2024, the Board determined that the Company met the performance condition of achieving $3,000,000 in adjusted free cash flow and, as a result, 1,062,500 of these RSUs vested on that date. On November 5, 2024, the Board determined that the Company met the performance condition of achieving $5,300,000 in adjusted free cash flow and, as a result, the remaining 1,062,500 of these RSUs vested. |
| 2 | Common | Common Stock | 2024-11-05 | M | A | 40,429 | — | 2,678,989 | D | — | — | (F1) On May 8, 2024 ("Grant Date"), the Company granted Clint Stinchcomb 2,125,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represented a contingent right to receive one share of common stock. On August 12, 2024, the Board determined that the Company met the performance condition of achieving $3,000,000 in adjusted free cash flow and, as a result, 1,062,500 of these RSUs vested on that date. On November 5, 2024, the Board determined that the Company met the performance condition of achieving $5,300,000 in adjusted free cash flow and, as a result, the remaining 1,062,500 of these RSUs vested. |
| 3 | Common | Common Stock | 2024-11-05 | F | D | 432,971 | $2.41 | 2,246,018 | D | — | — | (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. |
| 4 | Derivative | Restricted Stock Units | 2024-11-05 | M | D | 1,062,500 | $0.00 | 0 | D | — · — to — | 1,062,500 Common Stock | (F1) On May 8, 2024 ("Grant Date"), the Company granted Clint Stinchcomb 2,125,000 restricted stock units ("RSUs") under the 2020 Omnibus Incentive Plan. Each RSU represented a contingent right to receive one share of common stock. On August 12, 2024, the Board determined that the Company met the performance condition of achieving $3,000,000 in adjusted free cash flow and, as a result, 1,062,500 of these RSUs vested on that date. On November 5, 2024, the Board determined that the Company met the performance condition of achieving $5,300,000 in adjusted free cash flow and, as a result, the remaining 1,062,500 of these RSUs vested. |
| 5 | Derivative | Restricted Stock Units | 2024-11-05 | M | D | 40,429 | $0.00 | 0 | D | — · — to — | 40,429 Common Stock | (F3) On November 5, 2024, 40,429 restricted stock units previously granted to Mr. Stinchcomb on November 5, 2020 vested and converted into shares of the Company's common stock on a one-to-one basis. |