4//SEC Filing
Wilson Bill 4
Accession 0001499832-24-000004
CIK 0001499832other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 4:36 PM ET
Size
7.5 KB
Accession
0001499832-24-000004
Insider Transaction Report
Form 4
Wilson Bill
DirectorChief Executive Officer
Transactions
- Award
Class A Common Units
2023-12-28+114,784→ 2,415,771 total - Award
Class A Common Units
2023-12-28+114,784→ 2,530,555 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") over a period of 20 consecutive trading days, in each case subject to the achievement of such VWAP during the period beginning on the Grant Date and ending on the third anniversary of the Grant Date, and the Reporting Person's continued service through each vesting date. Subject to the foregoing conditions, achievement of a VWAP of $12.40, $14.40, and $16.40, will result in the vesting of 38,258, 38,258 and 38,268 of the performance-based restricted stock units, respectively.
- [F3]Includes: i) 443,273 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 560,694 restricted stock units and iii) 1,526,588 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 1, 7:00 PM ET
- Accepted
- Jan 2, 4:36 PM ET
- Size
- 7.5 KB