CUMULUS MEDIA INC 4
4 · CUMULUS MEDIA INC · Filed Mar 31, 2017
Insider Transaction Report
Form 4
Grimes Suzanne M
EVP/Corporate Marketing
Transactions
- Award
Employee Stock Option (right to buy)
2016-01-06+25,000→ 25,000 totalExercise: $2.48Exp: 2026-01-06→ Class A Stock, $.01 par value (25,000 underlying) - Award
Employee Stock Option (right to buy)
2017-01-23+25,000→ 25,000 totalExercise: $0.97Exp: 2027-01-23→ Class A Stock, $.01 par value (25,000 underlying)
Footnotes (1)
- [F1]The option vests on each of the first four anniversaries of the date of grant, with 30% of the award vesting on each of the first two anniversaries thereof, and 20% of the award vesting on each of the next two anniversaries thereof.