secwatch.observer — SEC 8-K summary
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Issuer:     Cineverse Corp. (CNVS)
CIK:        0001173204
Form:       8-K
Filed at:   2021-09-17T23:59:59+00:00
Accession:  0001213900-21-048551
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cinedigm names John Canning CFO with $350K salary, 600K SARs grant
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- Effective Sept 13, 2021, John Canning appointed CFO; base salary $350,000 with target bonus $175,000.
- Received sign-on bonus of $50,000, repayable if terminated for cause or resigns without good reason before Sept 13, 2022.
- Granted stock appreciation rights for 600,000 shares at $2.10 exercise price, vesting half on Sept 13, 2022 and half on Sept 13, 2023.
- Granted performance stock units for 150,000 shares; 25% vest March 31, 2022 and 75% March 31, 2023.
- Prior roles include CFO at Firefly Systems, interim CFO at Tapjoy, and finance leadership at Discovery, Clear Channel, and Disney.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173204/000121390021048551/0001213900-21-048551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173204/000121390021048551/ea147500-8k_cinedigm.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-048551

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