4//SEC Filing
WORSHEK ROBERT L. 4
Accession 0001499832-25-000061
CIK 0001499832other
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 4:40 PM ET
Size
8.5 KB
Accession
0001499832-25-000061
Insider Transaction Report
Form 4
WORSHEK ROBERT L.
SVP, Chief Accounting Officer
Transactions
- Award
Option to Purchase Class A Common Stock
2025-04-18+149,573→ 319,327 totalExercise: $6.93Exp: 2035-04-18→ Class A Common Stock (149,573 underlying) - Award
Option to Purchase Class A Common Stock
2025-04-18+148,528→ 467,855 totalExercise: $6.93Exp: 2035-04-18→ Class A Common Stock (148,528 underlying)
Footnotes (3)
- [F1]The Reporting Person's time-based options 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 options reported in this row will vest and become exercisable 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 $8.24, $9.62, and $10.99, will result in the vesting of 49,504, 49,504, and 49,520 options, respectively.
- [F3]Includes 52,696 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 0001615308
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 4:40 PM ET
- Size
- 8.5 KB