Nimbus Atlas LLC 4
4 · CUMULUS MEDIA INC · Filed Nov 12, 2019
Insider Transaction Report
Form 4
Nimbus Atlas LLC
10% Owner
Transactions
- Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-08$13.54/sh−539$7,298→ 2,299,429 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-07$13.65/sh−5,603$76,481→ 1,683,753 total - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-07$13.66/sh−766$10,464→ 2,315,429 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-08$13.54/sh−5,461$73,942→ 1,661,421 total - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-11$13.74/sh−60,442$830,473→ 1,600,979 total - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-07$13.65/sh−553$7,548→ 2,323,964 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-07$13.66/sh−7,769$106,125→ 1,675,984 total - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-08$13.50/sh−9,102$122,877→ 1,666,882 total - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-08$13.50/sh−898$12,123→ 2,305,429 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0000001 per share
2019-11-11$13.74/sh−5,963$81,932→ 2,233,024 total(indirect: See footnote)
Footnotes (4)
- [F1]The reported securities are directly owned by Nimbus Atlas LLC (Nimbus) and may be deemed beneficially owned by Brigade Capital Management, LP, the managing member of Nimbus, Brigade Capital Management GP, LLC, the general partner of Brigade Capital Management, LP, and Donald E. Morgan, III, the managing member of Brigade Capital Management GP, LLC, each a Reporting Person. Nimbus, Brigade Capital Management, LP, Brigade Capital Management GP, LLC and Mr. Morgan each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed to be an admission that each Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F2]The reported securities are directly owned by certain private investment funds and managed accounts and may be deemed beneficially owned by Brigade Capital Management, LP, the investment manager of such funds and accounts, Brigade Capital Management GP, LLC, the general partner of Brigade Capital Management, LP, and Donald E. Morgan, III, the managing member of Brigade Capital Management GP, LLC, each a Reporting Person. Brigade Capital Management, LP, Brigade Capital Management GP, LLC and Mr. Morgan each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed to be an admission that each Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions within the range of $13.64 to $13.88. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions within the range of $13.64 to $13.88. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.