0000950170-23-036418.txt : 20230801 0000950170-23-036418.hdr.sgml : 20230801 20230801154951 ACCESSION NUMBER: 0000950170-23-036418 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230728 FILED AS OF DATE: 20230801 DATE AS OF CHANGE: 20230801 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cudahy Theresa Ellen CENTRAL INDEX KEY: 0001827522 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39139 FILM NUMBER: 231131464 MAIL ADDRESS: STREET 1: 8484 GEORGIA AVE STREET 2: SUITE 700 CITY: SILVER SPRING STATE: MD ZIP: 20910 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CuriosityStream Inc. CENTRAL INDEX KEY: 0001776909 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8484 GEORGIA AVE. STREET 2: SUITE 700 CITY: SILVER SPRING STATE: MD ZIP: 20910 BUSINESS PHONE: 301-755-2050 MAIL ADDRESS: STREET 1: 8484 GEORGIA AVE. STREET 2: SUITE 700 CITY: SILVER SPRING STATE: MD ZIP: 20910 FORMER COMPANY: FORMER CONFORMED NAME: Software Acquisition Group Inc. DATE OF NAME CHANGE: 20190515 4 1 ownership.xml 4 X0508 4 2023-07-28 0001776909 CuriosityStream Inc. CURI 0001827522 Cudahy Theresa Ellen 8484 GEORGIA AVE., SUITE 700 SILVER SPRING MD 20910 false true false false COO, Gen Counsel and Secretary false Common Stock 2023-07-28 4 F false 19 1.05 D 39371 D Restricted Stock Units 2023-07-28 4 A false 125778 A Common Stock 125778 125778 D Restricted Stock Units 2023-07-28 4 A false 56679 A Common Stock 56679 56679 D Stock Options (right to buy) 4.20 2023-07-28 4 D false 78899 D Common Stock 78899 0 D Stock Options (right to buy) 4.04 2023-07-28 4 D false 265098 D Common Stock 265098 0 D Stock Options (right to buy) 16.42 2023-07-28 4 D false 152358 D Common Stock 152358 0 D Stock Options (right to buy) 14.70 2023-07-28 4 D false 6122 D Common Stock 6122 0 D Stock Options (right to buy) 11.60 2023-07-28 4 D false 13824 D Common Stock 13824 0 D Stock Options (right to buy) 5.93 2023-07-28 4 D false 92375 D Common Stock 92375 0 D Pursuant to the Company's cancellation of certain "underwater" stock options granted to employees and executive officers and replacement thereof with restricted stock units ("RSUs") (the "Option Cancellation and Exchange"), on July 28, 2023, the Compensation Committee of the Board of Directors of the Company approved the cancellation of Ms. Cudahy's options to purchase 608,676 shares of common stock, granted under the Company's 2020 Omnibus Incentive Plan (the "Plan"), and granted Ms. Cudahy RSUs of approximately equal fair value of the cancelled stock options, valued as of July 14, 2023. On July 28, 2023, pursuant to the Option Cancellation and Exchange, in exchange for Ms. Cudahy's fully vested cancelled stock options, the Company granted Ms. Cudahy 125,778 RSUs under the Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs granted will vest on July 28, 2024. On July 28, 2023, pursuant to the Option Cancellation and Exchange, in exchange for Ms. Cudahy's unvested cancelled stock options, the Company granted Ms. Cudahy 56,679 RSUs under the Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs granted will vest as follows: 7,902 shares on August 2, 2023; 1,406 shares in equal increments every third month beginning September 25, 2023 through March 25, 2025; 2,815 shares in equal increments every month beginning July 20, 2023 through September 20, 2025; and 44,556 shares on January 1, 2025. Includes unvested option to purchase 19,725 shares of the Company's common stock, which would have vested on August 2, 2023. Represents a fully vested option award. Includes unvested option to purchase 2,678 shares of the Company's common stock, which would have vested ratably every three months until April 30, 2025. Includes unvested option to purchase 7,488 shares of the Company's common stock, which would have vested ratably every three months until July 20, 2025. Includes unvested option to purchase 92,375 shares of the Company's common stock, which would have vested on January 1, 2025. /s/ Marianna Shelenkova as attorney-in-fact for Tia Cudahy 2023-08-01