PITTMAN ROBERT W 4
4 · iHeartMedia, Inc. · Filed May 20, 2025
Insider Transaction Report
Form 4
PITTMAN ROBERT W
DirectorChairman and CEO
Transactions
- Exercise/Conversion
Class A Common Stock, par value $0.001 per share
2025-02-25+256,666→ 4,698,055 total - Disposition to Issuer
Class A Common Stock, par value $0.001 per share
2025-02-25$2.20/sh−146,659$322,650→ 4,441,389 total - Exercise/Conversion
Class A Common Stock, par value $0.001 per share
2025-05-18+141,099→ 4,582,488 total - Disposition to Issuer
Class A Common Stock, par value $0.001 per share
2025-05-18$1.24/sh−80,624$99,974→ 4,441,389 total - Exercise/Conversion
Restricted Stock Units
2025-05-18−141,099→ 141,100 total→ Class A Common Stock (141,099 underlying) - Tax Payment
Class A Common Stock, par value $0.001 per share
2025-02-25$2.20/sh−110,007$242,015→ 4,588,048 total - Tax Payment
Class A Common Stock, par value $0.001 per share
2025-05-18$1.24/sh−60,475$74,989→ 4,522,013 total - Exercise/Conversion
Restricted Stock Units
2025-02-25−256,666→ 513,334 total→ Class A Common Stock (256,666 underlying)
Holdings
- 21,732(indirect: By LLC)
Class A Common Stock, par value $0.001 per share
Footnotes (5)
- [F1]Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A common stock on the applicable vesting date. The RSUs shall vest as to one-third of the original grant of 770,000 total RSUs on each of the first three anniversaries of February 25, 2024.
- [F2]Includes shares of Class A Common Stock as well as RSUs subject to time vesting conditions and performance stock units subject to achievement of certain absolute total stockholder return goals calculated over a five-year performance period.
- [F3]Transaction represents cash equivalent amounts withheld for taxes upon vesting of cash-settled restricted stock units.
- [F4]Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A common stock on the applicable vesting date. The RSUs shall vest as to one-third of the original grant of 423,298 total RSUs on each of the first three anniversaries of May 18, 2023.
- [F5]The reported item represents shares of Class A Common Stock beneficially owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.