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WALLS ROBERT H JR 4

Accession 0000899243-19-012089

CIK 0001400891other

Filed

May 2, 8:00 PM ET

Accepted

May 3, 7:52 PM ET

Size

8.1 KB

Accession

0000899243-19-012089

Insider Transaction Report

Form 4
Period: 2019-05-01
WALLS ROBERT H JR
Please see General Remarks.
Transactions
  • Disposition to Issuer

    Class A Common Stock, par value $0.001 per share

    2019-05-01139,1670 total
  • Award

    Class A Common Stock, par value $0.001 per share

    2019-05-01+3,3593,359 total
Footnotes (3)
  • [F1]On March 14, 2018, iHeartMedia, Inc. (the "Issuer") and certain of its direct and indirect domestic subsidiaries (collectively, the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On January 22, 2019, the Bankruptcy Court entered an order confirming the Debtors' Modified Fifth Amended Joint Chapter 11 Plan of Reorganization (as amended, modified or supplemented from time to time, the "Plan"), and on May 1, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.
  • [F2]On the Effective Date, all outstanding shares of the Issuer's capital stock, including the Class A common stock, par value $0.001 per share ("Old Class A Common Stock"), were cancelled and extinguished pursuant to the Plan.
  • [F3]New shares of the Issuer's Class A common stock, par value $0.001 per share (the "New Class A Common Stock") were issued to the Reporting Person on the Effective Date pursuant to the Plan. The receipt of the New Class A Common Stock by the Reporting Person was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court.

Issuer

iHeartMedia, Inc.

CIK 0001400891

Entity typeother

Related Parties

1
  • filerCIK 0001254395

Filing Metadata

Form type
4
Filed
May 2, 8:00 PM ET
Accepted
May 3, 7:52 PM ET
Size
8.1 KB