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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option Grant (Right to Buy) | $ 1.39 | 12/07/2020 | A | 950,000 | (1) | 12/06/2030 | Common Stock, par value $0.001 per share | 950,000 | $ 0 | 950,000 | D | ||||
Restricted Stock Units | (2) | 12/07/2020 | A | 475,000 | (3) | (3) | Common Stock, par value $0.001 per share | 475,000 | $ 0 | 475,000 | D | ||||
Employee Stock Option Grant (Right to Buy) | $ 1.99 | 03/07/2019 | A | 15,000 | (4) | 03/06/2029 | Common Stock, par value $0.001 per share | 15,000 | $ 0 | 15,000 | D | ||||
Employee Stock Option Grant (Right to Buy) | $ 2.09 | 09/25/2018 | A | 85,088 | (5) | 09/25/2023 | Common Stock, par value $0.001 per share | 85,088 | $ 0 | 85,088 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DENTON ROBERT L. C/O GENIUS BRANDS INTERNATIONAL, INC. 190 N. CANON DRIVE, FLOOR 4 BEVERLY HILLS, CA 90210 |
Chief Financial Officer |
/s/ Robert L. Denton | 12/09/2020 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | The option was fully vested on the date of grant with respect to 380,000 shares, and 190,000 shares vest on each of the first, second and third anniversaries of December 7, 2020, subject to the Reporting Person's continued employmentof December 7, 2020, subject to the Reporting Person's continued employment. |
(2) | Each restricted stock unit represents a contingent right to receive one share of GNUS common stock. |
(3) | The restricted stock units vest as follows: 155,000 shares on December 7, 2021, 158,000 shares on December 7, 2022, and 162,000 shares on December 7, 2023, subject to the Reporting Person's continued employment. Vested shares will be delivered to the Reporting Person in equal installments in each calendar quarter following the vesting date. |
(4) | The option vested in full on December 31, 2019. |
(5) | The options shall vest over three years as follows: options to purchase 28,363 shares shall vest on April 18, 2019, 28,363 shares shall vest on April 18, 2020 and 28,362 shares shall vest on April 18, 2021. |