Filing Details

Accession Number:
0001213900-21-002034
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-13 17:53:28
Reporting Period:
2020-12-24
Accepted Time:
2021-01-13 17:53:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1173204 Cinedigm Corp. CIDM Services-Video Tape Rental (7841) 223720962
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1705781 Peixin Xu 40 Liangmaqiao Road,
21St Century Plaza B-609
Beijing F4 100125
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2020-12-24 2,961,628 $0.65 40,868,165 No 4 S Indirect See footnote
Class A Common Stock Disposition 2020-12-28 1,831,918 $0.63 39,036,247 No 4 S Indirect See footnote
Class A Common Stock Disposition 2020-12-30 4,358,727 $0.62 34,677,520 No 4 S Indirect See footnote
Class A Common Stock Disposition 2020-12-31 3,865,387 $0.61 30,812,133 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Footnotes
  1. Representing an aggregate 4,793,546 shares of Class A Common Stock that Huatai (defined below) sold in open market.
  2. Representing an aggregate 8,224,114 shares of Class A Common Stock that Bison Global (defined below) sold in open market.
  3. Including (i) 3,900,000 shares of Class A common stock owned by Bison Entertainment Investment Limited ("BEIL"), (ii) 74,712 shares of Class A common stock issued as part of the annual retainer for board service by the reporting person; (iii) 6,666,667 shares, held by Bison Global (defined below); (iv) 9,005,772 shares held by MingTai (defined below); (v) 7,266,367 shares of Class A common stock held by Shangtai (defined below), and (vi) 3,898,615 shares of Class A common stock held by Antai Investment LP, a Cayman Islands registered limited partnership, and the manager of its general partner is controlled by Mr. Peixin Xu, who acquired the shares pursuant to the April Stock Purchase Agreement.
  4. The Reporting Person through his control of Bison Finance Group Limited ("BFGL"), which is a Hong Kong listed company and BFGL's subsidiaries, indirectly manages Bison Global Investment SPC for and on behalf of Bison Global Investment SPC-Bison Global No. 1 ("Bison Global"), Huatai Investment LP ("Huatai"), Antai Investment LP ("Antai"), Mingtai Investment LP ("Mingtai") and Shangtai Asset Management LP ("Shangtai", collectively with Bison Global, Huatai, Antai, Mingtai and Shangtai, the "April investors"). BEIL is a wholly-owned subsidiary of BEMG which is wholly owned by Bison Capital Holding Company Limited ("Bison Capital"). Ms. Fengyun Jiang is the shareholder of 100% ownership of Bison Capital and also spouse of Mr. Xu and therefore beneficially holds the Issuer's outstanding common stock through Bison Capital's ownership of BEIL. Mr. Xu, being Ms. Jiang's husband indirectly beneficially holds the Issuer's outstanding common stock as set forth in this Form 4.