4//SEC Filing
Hellum Erik 4
Accession 0001499832-25-000020
CIK 0001499832other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 5:04 PM ET
Size
9.1 KB
Accession
0001499832-25-000020
Insider Transaction Report
Form 4
Hellum Erik
EXECUTIVE VICE PRESIDENT
Transactions
- Award
Class A Common Stock
2025-01-15$8.18/sh+831$6,798→ 773,624 total - Award
Class A Common Units
2025-01-15+70,444→ 772,793 total - Award
Class A Common Units
2025-01-15+55,127→ 702,349 total
Footnotes (4)
- [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 $9.98, $10.43, and $10.88, will result in the vesting of 23,479, 23,479 and 23,486 of the performance-based restricted stock units, respectively.
- [F3]Includes: i) 130,882 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 275,091 restricted stock units and iii) 367,651 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
- [F4]The shares reported herein represent shares acquired under the terms of the Company's 2021 Employee Stock Purchase Plan.
Documents
Issuer
Townsquare Media, Inc.
CIK 0001499832
Entity typeother
Related Parties
1- filerCIK 0001613709
Filing Metadata
- Form type
- 4
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 5:04 PM ET
- Size
- 9.1 KB