Sec Form 4 Filing - LOFFREDO GARY S @ Cineverse Corp. - 2023-08-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LOFFREDO GARY S
2. Issuer Name and Ticker or Trading Symbol
Cineverse Corp. [ CNVS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CLO, Secretary and Sr Advisor
(Last) (First) (Middle)
244 FIFTH AVENUE, SUITE M289, C/O CINEVERSE CORP.
3. Date of Earliest Transaction (MM/DD/YY)
08/01/2023
(Street)
NEW YORK, NY10001
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/01/2023 A 96,988 ( 1 ) A $ 0 118,039 D
Class A Common Stock 08/01/2023 F 47,913 ( 2 ) D $ 1.66 70,126 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option Right (Right to buy) $ 308 ( 3 ) 10/13/2023 Class A Common Stock 1,750 1,750 D
Stock Appreciation Right (Right to buy) $ 29.4 ( 4 ) 09/13/2031 Class A Common Stock 30,000 30,000 D
Stock Appreciation Right (Right to Buy) $ 12.8 ( 5 ) 12/23/2030 Class A Common Stock 60,000 60,000 D
Stock Appreciation Right (Right to buy) $ 5.8 ( 6 ) 05/16/2023 Class A Common Stock 40,000 40,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LOFFREDO GARY S
244 FIFTH AVENUE, SUITE M289
C/O CINEVERSE CORP.
NEW YORK, NY10001
CLO, Secretary and Sr Advisor
Signatures
/s/ Gary S. Loffredo 08/03/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Constitutes shares received as payment of annual bonus under Management Annual Incentive Plan.
( 2 )Constitutes shares delivered in payment of tax liability incident to the receipt of shares reported as acquired on this Form 4 for bonus.
( 3 )The option vested in three equal annual installments commencing October 13, 2014.
( 4 )One-third of the stock appreciation rights vested on December 10 of each of 2019, 2020 and 2021.
( 5 )Of such SARs, 25,000 vested on March 31, 2022, 25,000, vested on March 31, 2023 and 10,000 vested on June 30, 2023.
( 6 )Of such stock appreciation rights, 13,333 vest on May 16, 2024, 13,333 vest on May 1, 2025 and 13,334 vest on May 1, 2026.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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