YOUNG CHRISTOPHER T 4
4 · ENTRAVISION COMMUNICATIONS CORP · Filed Feb 7, 2024
Insider Transaction Report
Form 4
Transactions
- Award
Performance Units
2024-01-25+100,000→ 100,000 totalExp: 2029-01-25→ Class A common stock (100,000 underlying) - Award
Class A common stock
2024-01-25+100,000→ 413,350 total
Holdings
- 372,921(indirect: By Trust)
Class A common stock
Footnotes (4)
- [F1]Represents an award of 100,000 restricted stock units that vests as follows: (i) 25% on December 20, 2024; (ii) 25% on December 20, 2025; (iii) 25% on December 20, 2026; and (iv) 25% on December 20, 2027.
- [F2]Includes 413,350 restricted stock units. The reporting person also has indirect beneficial ownership of 372,921 shares of Class A common stock held by a family trust.
- [F3]Excludes 413,350 restricted stock units directly owned by the reporting person.
- [F4]Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting, with 20% vesting on January 25, 2025 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches.