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Cineverse Corp

For the period ended Dec 30, 2024. Filed Nov 20, 2024.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Dec 30, 2024 · Filed Nov 20, 2024

CNVS$1.52+0.7%Stored close · as of Nov 6, 2026
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Contents

Footnotes:

(1) The dollar amounts reported in column (1) are the amounts of total compensation reported for Christopher J. McGurk, Chairman of the Board and Chief Executive Officer (our Principal Executive Officer, or PEO), for each corresponding year in the “Total” column of the Summary Compensation Table.

(2) The dollar amounts reported in column (2) represent the amount of CAP to our PEO have been computed following relevant SEC rules, as outlined below. The dollar amounts do not reflect the actual amount of compensation earned or paid during the applicable year.

PEO Equity Adjustments
YearReported Summary Compensation Table Total for PEO (1)Reported Value of Equity Awards (1)The year-end fair value of awards granted during the respective fiscal year that are outstanding and unvested as of year end (ii)Change in fair value of outstanding and unvested awards granted in prior years as of the end of the current fiscal year (iii)Change in the fair value of prior year awards from the end of the prior fiscal year to current year vesting date (iv)Total Equity Award Adjustments (i)Compensation Actually Paid to PEO (2)
20241,014,286--(534,538)(12,992)(547,529)466,757
20232,623,650(1,226,250)899,808-(486,255)413,5531,810,953
20221,423,646(90,146)101,250(1,027,045)1,495(924,300)409,200
Non-PEO NEO Equity Adjustments
YearReported Summary Compensation Table Total for non-PEO NEOs (1)Reported Value of Equity Awards (1)The year-end fair value of awards granted during the respective fiscal year that are outstanding and unvested as of year end (ii)Change in fair value of outstanding and unvested awards granted in prior years as of the end of the current fiscal year (iii)Change in the fair value of prior year awards from the end of the prior fiscal year to current year vesting date (iv)Total Equity Award Adjustments (i)Average Compensation Actually Paid to Non-PEO NEOs (2)(3)
2024945,743(282,215)55,095(13,144)(57,800)(15,849)647,680
2023805,988(15,750)15,750(73,624)(197,560)(255,434)534,804
2022792,157(54,088)60,750(571,878)(479,772)(990,900)(252,832)

The equity award adjustments outlined by (i) in the table above include the addition (or subtraction, as applicable) of the following: (ii) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (iii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the covered fiscal year; and iv) for awards granted in prior years that vest in the covered fiscal year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value.

(3) The dollar amounts reported for the Company’s NEOs as a group (excluding the Company’s PEO) in the “Total” column of the Summary Compensation Table in each applicable year. For 2022, 2023 and 2024, the names of each of the NEOs (excluding the Company’s PEO) included for purposes of calculating the average amounts in each applicable year are as follows: Gary S. Loffredo, President, Chief Operating Officer, General Counsel and Secretary (currently Chief Legal Officer, Secretary & Senior Advisor); and Erick Opeka, Chief Strategy Officer and President of Digital Networks (currently President & Chief Strategy Officer). In accordance with the SEC rules, average total compensation for the NEOs was computed as a group (excluding the Company’s PEO) for each year to determine the CAP, using the same methodology described above in Footnote 2 (i).

(4) The cumulative total shareholder return (“TSR”) amounts reported in column (4) are calculated in the same manner as required under Item 201(e) of Regulation S-K, measuring the total shareholder return from the market close on the last trading day before the earliest fiscal year in the table, or March 31, 2022, through to and including the end of the fiscal year for which total shareholder return is calculated, or March 31, 2024.

(5) The dollar amounts reported in column (5) are the Company’s net income reflected in the Company’s audited financial statements for the applicable year.

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