4//SEC Filing
Wilson Bill 4
Accession 0001499832-23-000010
CIK 0001499832other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 9:19 PM ET
Size
7.4 KB
Accession
0001499832-23-000010
Insider Transaction Report
Form 4
Wilson Bill
DirectorChief Executive Officer
Transactions
- Award
Class A Common Units
2023-01-18+165,563→ 1,813,165 total - Award
Class A Common Units
2023-01-18+165,563→ 1,978,728 total
Footnotes (3)
- [F1]The Reporting Person's time-based restricted stock units reported in this row will vest as to 33.33% on the first anniversary of the Grant Date, 33.33% on the second anniversary of the Grant Date, and 33.34% on the third anniversary of the Grant Date, in each case, subject to the Reporting Person's continued service through each applicable vesting date.
- [F2]The Reporting Person's performance-based restricted stock units reported in this row will vest subject to the achievement of a specified volume weighted average trading price ("VWAP") measured over the last 20 trading days of the performance period that begins on the Grant Date and ends on Jannuary 18, 2026, subject to the Reporting Person's continued service through the end of the performance period. Subject to the foregoing conditions, achievement of a VWAP of $8.74, $10.75 and $13.05, will result in the vesting of 55,188, 55,188 and 55,187 of the performance-based restricted stock units, respectively.
- [F3]Includes 443,232 shares of Class A common stock that are not subject to vesting or transfer restrictions and 1,204,370 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
Documents
Issuer
Townsquare Media, Inc.
CIK 0001499832
Entity typeother
Related Parties
1- filerCIK 0001613712
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 9:19 PM ET
- Size
- 7.4 KB