CuriosityStream (CURI) Form 3 CuriosityStream / Rebecca R Reed ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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

OMB APPROVAL

OMB Number:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

Reed Rebecca R

(Last) (First) (Middle)

8484 GEORGIA AVE SUITE 700

(Street)

SILVER SPRING MD 20910

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2025

3. Issuer Name and Ticker or Trading Symbol
CuriosityStream Inc. [ CURI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Gen Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	21,056	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)(2)	(1)(2)	Common Stock	40,000	(1)(2)	D
Restricted Stock Units	(3)	(3)	Common Stock	2,660	(3)	D
Restricted Stock Units	(4)	(4)	Common Stock	387	(4)	D

Explanation of Responses:

1. On October 9, 2024, the Company granted Ms. Reed 40,000 restricted stock units (RSUs) under the 2020 Omnibus Incentive Plan. Each RSU represents the right to receive one share of common stock. The RSUs granted are performance-based, subject to the Company achieving certain adjusted free cash flow (AFCF) objectives during the period from October 1, 2024, to September 30, 2025 (Performance Period).

2. The RSUs granted will vest one third upon the date the Board determines the Company has achieved AFCF of $4,500,000 during the Performance Period ("First Condition"); and two thirds upon the date the Board determines the Company has achieved AFCF of $9,000,000 during the Performance Period ("Second Condition," together with the First Condition, the "Performance Conditions"); in the event that neither Performance Condition is met, the RSUs granted will be cancelled; in the event that the First Condition is met but the Second Condition is not, the remaining two thirds of unvested RSUs will be cancelled. All vesting events are subject to continued employment on each applicable vesting date.

3. RSUs granted on 07/19/2021 vest in equal monthly installments through July 2025 as specified in the applicable award agreement. These RSUs do not have an exercise or conversion price as they represent the right to receive shares of the issuer's common stock upon vesting.

4. RSUs granted on 09/20/2021 vest in equal monthly installments through September 2025 as specified in the applicable award agreement. These RSUs do not have an exercise or conversion price as they represent the right to receive shares of the issuer's common stock upon vesting.

Remarks:

	/s/ Becky Reeds	01/10/2025
	** Signature of Reporting Person	Date
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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.