SHERIDAN ROBERT H III 4
4 · CUMULUS MEDIA INC · Filed May 18, 2009
Insider Transaction Report
Form 4
SHERIDAN ROBERT H III
Director
Transactions
- Award
Class A Common Stock
2009-05-14+6,000→ 22,258 total
Footnotes (3)
- [F1]On May 14, 2009, the reporting person was granted 6,000 shares of restricted Class A Common Stock.
- [F2]The reporting person serves on the board of directors of the Issuer as a designee of BA Capital Company, L.P. ("BA Capital"). Pursuant to the policies of BA Capital and its affiliates, the reporting person is deemed to hold the reported shares of restricted Class A Common Stock for the benefit of BA Capital. BA Capital may be deemed the indirect beneficial owner of the shares of restricted Class A Common Stock.
- [F3]Additionally, these shares of restricted Class A Common Stock may be deemed to be beneficially owned by (a) BA SBIC Management, LLC, the general partner of BA Capital, (b) BA Equity Management, L.P., the sole member of BA SBIC Management, LLC, (c) BA Equity Management GP, LLC, the general partner of BA Equity Management, L.P., and (d) J. Travis Hain, the managing member of BA Equity Management GP, LLC. Mr. Hain disclaims beneficial ownership of such securities. The reporting person disclaims beneficial ownership of the shares of restricted Class A Common Stock except to the extent of his pecuniary interest therein.