Townsquare Media, Inc.·4

Apr 8, 10:40 AM ET

Rosenstein Stuart B 4

4 · Townsquare Media, Inc. · Filed Apr 8, 2024

Insider Transaction Report

Form 4
Period: 2024-04-04
Transactions
  • Exercise/Conversion

    Class B Common Stock

    2024-04-04$8.74/sh+782,840$6,842,0221,275,503 total
  • Sale

    Class B Common Stock

    2024-04-04$12.36/sh782,840$9,675,902492,663 total
  • Exercise/Conversion

    Option to Purchase Class B Common Stock

    2024-04-04782,8401,160,858 total
    Exercise: $8.74Exp: 2024-07-25Class B Common Stock (782,840 underlying)
Holdings
  • Class A Common Stock

    352,965
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 117,213 shares of Class B common stock that are not subject to vesting or transfer restrictions and 375,450 Class B options to purchase Class B common stock that are fully vested and not subject to transfer restrictions.
  • [F3]Includes: i) 57,500 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 114,784 restricted stock units and iii) 180,681 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.

Documents

1 file
  • 4
    wk-form4_1712587225.xmlPrimary

    FORM 4