Berner Mary G. 5
5 · CUMULUS MEDIA INC · Filed Feb 9, 2021
Insider Transaction Report
Form 5
Berner Mary G.
DirectorPresident & CEO
Transactions
- Award
Stock Options (right to buy)
2020-02-13+90,000→ 259,583 totalExercise: $14.64Exp: 2025-02-13→ Class A Common Stock (90,000 underlying) - Award
Class A Common Stock, par value $0.0000001 per share
2020-02-13+45,000→ 205,748 total
Footnotes (2)
- [F1]Represents grant of time-based restricted stock units granted on February 13, 2020, which vest 25% each year on the grant anniversary date over the four-year period following the grant date. Each restricted stock unit represents a right to receive one share of Class A common stock.
- [F2]Represents grant of stock options on February 13, 2020, which vest 25% each year on the grant anniversary date over the four-year period following the grant date.