4//SEC Filing
Rosenstein Stuart B 4
Accession 0001499832-23-000013
CIK 0001499832other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 9:25 PM ET
Size
8.4 KB
Accession
0001499832-23-000013
Insider Transaction Report
Form 4
Rosenstein Stuart B
EVP and CFO
Transactions
- Award
Option to Purchase Class A Common Stock
2023-01-18+217,547→ 1,943,698 totalExercise: $7.55Exp: 2033-01-18→ Class A Common Stock (217,547 underlying) - Award
Option to Purchase Class A Common Stock
2023-01-18+168,067→ 1,726,151 totalExercise: $7.55Exp: 2033-01-18→ Class A Common Stock (168,067 underlying)
Footnotes (2)
- [F1]The Reporting Person's time-based options reported in this row will vest and become exercisable 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 options reported in this row will vest and become exercisable 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 January 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 65,147, 71,429 and 80,972 of the performance-based options, respectively.
Documents
Issuer
Townsquare Media, Inc.
CIK 0001499832
Entity typeother
Related Parties
1- filerCIK 0001292179
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 9:25 PM ET
- Size
- 8.4 KB