Home/Filings/4/0001571049-16-013060
4//SEC Filing

Townsquare Media, Inc. 4

Accession 0001571049-16-013060

$TSQCIK 0001499832operating

Filed

Mar 14, 8:00 PM ET

Accepted

Mar 15, 4:05 PM ET

Size

7.8 KB

Accession

0001571049-16-013060

Insider Transaction Report

Form 4
Period: 2016-03-11
Quick David
Director10% Owner
Transactions
  • Purchase

    Warrants to purchase Class A Common Stock

    2016-03-11$7.75/sh+104,489$809,7908,814,980 total(indirect: See footnotes)
    Exercise: $0.00Class A Common Stock (104,489 underlying)
Footnotes (4)
  • [F1]The warrants are immediately exercisable and do not expire unless so elected by the board of directors of the Issuer in certain circumstances.
  • [F2]These securities are owned directly by OCM PF/FF Radio Holdings PT, L.P. ("Radio Holdings") and indirectly by OCM POF IV AIF GAP Holdings, L.P. ("GAP Holdings"). These securities may be deemed beneficially owned by Mr. Quick by virtue of being an officer of OCM/GAP Holdings IV, LLC ("OCM/GAP"). OCM/GAP is the general partner of GAP Holdings. Oaktree Fund GP AIF, LLC is the general partner of Oaktree Fund AIF Series, L.P. - Series B ("Series B"), Oaktree Fund AIF Series, L.P. - Series I ("Series I") and Oaktree Fund AIF Series, L.P. - Series D ("Series I"). Series B is the general partner of OCM Principal Opportunities Fund IV AIF (Delaware), L.P. ("Principal Opportunities"). Principal Opportunities is the sole member of OCM/GAP. Series I and Series D are general partners of Radio Holdings.
  • [F3]Except to the extent of his pecuniary interest, Mr. Quick disclaims beneficial ownership of the securities reported herein and the filing of this Form 4 shall not be construed as an admission that Mr. Quick is the beneficial owner of any securities covered by this Form 4.
  • [F4]In connection with the Issuer's initial public offering, GAP Holdings and Radio Holdings entered into a stockholders' agreement (the "Stockholders' Agreement") with FiveWire Media Ventures, LLC ("FiveWire"), and the members of FiveWire. Pursuant to the Stockholders' Agreement, FiveWire and its members agreed to support certain nominees of GAP Holdings, Radio Holdings and their affiliates (collectively, "Oaktree"), as directors of the Issuer, and granted to Oaktree an irrevocable proxy to vote the shares of Class B common stock of the Issuer held by FiveWire and its members. As a result, Oaktree may be deemed to form a "group" with FiveWire and its members. Each of Oaktree and the Reporting Person disclaims beneficial ownership of any securities held by FiveWire and its members.

Issuer

Townsquare Media, Inc.

CIK 0001499832

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001499832

Filing Metadata

Form type
4
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 4:05 PM ET
Size
7.8 KB