Sec Form 4 Filing - MCGURK CHRISTOPHER J @ Cinedigm Corp. - 2020-11-19

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
MCGURK CHRISTOPHER J
2. Issuer Name and Ticker or Trading Symbol
Cinedigm Corp. [ CIDM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO and Chairman
(Last) (First) (Middle)
C/O CINEDIGM CORP., 237 WEST 35TH STREET, SUITE 605
3. Date of Earliest Transaction (MM/DD/YY)
11/19/2020
(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 781,740 D
Class A Common Stock 382,333 I By Christopher and Jamie McGurk Living Trust ( 1 )
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 Options (Right to Buy) ( 2 ) ( 2 ) 12/23/2020 Class A Common Stock 450,000 450,000 D
Stock Options (Right to Buy) $ 14 ( 3 ) 08/22/2023 Class A Common Stock 150,000 150,000 D
Stock Appreciation Right $ 1.47 ( 4 ) 06/07/2028 Class A Common Stock 700,000 700,000 D
Stock Appreciation Rights $ 0.54 11/19/2020 A 2,500,000 ( 5 ) 11/19/2030 Class A Common Stock 2,500,000 $ 0 2,500,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MCGURK CHRISTOPHER J
C/O CINEDIGM CORP.
237 WEST 35TH STREET, SUITE 605
NEW YORK, NY10001
X CEO and Chairman
Signatures
/s/ Christopher McGurk 11/23/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person is a trustee of the Christopher and Jamie McGurk Living Trust.
( 2 )These options are grouped in three tranches, consisting of 150,000 having an exercise price of $15.00, 250,000 having an exercise price of $30.00 and 50,000 having an exercise price of $50.00. One-third of the options in each tranche vested on December 23 of each of 2011, 2012 and 2013.
( 3 )One-third of the options vested on March 31of each of 2015, 2016 and 2017.
( 4 )One-third of the stock appreciation right will vest on March 31 of each of 2019, 2020 and 2021.
( 5 )1,250,000 of the SARs vested on November 19, 2020 and 1,250,000 of the SARs vest on March 31, 2023.

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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