PRICE STEVEN 4
4 · Townsquare Media, Inc. · Filed Apr 8, 2024
Insider Transaction Report
Form 4
PRICE STEVEN
DirectorCHIEF EXEC. OFFICER & CHAIRMAN10% Owner
Transactions
- Exercise/Conversion
Option to Purchase Class B Common Stock
2024-04-04−1,565,681→ 1,075,141 totalExercise: $8.74Exp: 2024-07-25→ Class B Common Stock (1,565,681 underlying) - Sale
Class B Common Stock
2024-04-04$12.36/sh−1,565,681$19,351,817→ 897,115 total - Exercise/Conversion
Class B Common Stock
2024-04-04$8.74/sh+1,565,681$13,684,052→ 2,462,796 total
Holdings
- 360,737
Class A Common Stock
Footnotes (5)
- [F1]The Options to Purchase Class A Common Stock reported in Table II were expiring shortly, and were exercised for cash as a "deemed" issuance of shares by the Issuer, followed by an immediate "deemed" reacquisition of such shares by the Issuer for fair market value. No Common Stock was actually issued in connection with this exercise.
- [F2]Includes 631,272 shares of Class B common stock that are not subject to vesting or transfer restrictions and 265,843 options to purchase Class B common stock that are fully vested and not subject to transfer restrictions.
- [F3]Includes 110,737 shares of Class A common stock that are not subject to vesting or transfer restrictions and 250,000 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
- [F4]All of the shares subject to this option are fully vested and exercisable as of the date hereof.
- [F5]Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.