GINSBERG GARY L 4
4 · Townsquare Media, Inc. · Filed Dec 23, 2020
Insider Transaction Report
Form 4
GINSBERG GARY L
Director
Transactions
- Award
Class A Common Stock
2020-12-21+15,220→ 79,773 total - Award
Option to Purchase Class A Common Stock
2020-12-21+10,000→ 46,057 totalExercise: $6.57Exp: 2030-12-21→ Class A Common Stock (10,000 underlying)
Footnotes (3)
- [F1]The shares reported herein represent a grant of restricted stock made to the Reporting Person in respect of his services on the Company's Board of Directors. This award of restricted stock vests with respect to 100% of the shares on the first anniversary of the grant.
- [F2]Includes 28,496 shares of Class A common stock that are not subject to vesting or transfer restrictions and includes 36,057 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
- [F3]The Reporting Person's options vest and become exercisable with respect to twenty-five percent (25%) of the shares on each of the first, second, third and fourth anniversaries of the Grant Date.