4//SEC Filing
Townsquare Media, Inc. 4
Accession 0001571049-17-000175
$TSQCIK 0001499832operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 3:49 PM ET
Size
8.4 KB
Accession
0001571049-17-000175
Insider Transaction Report
Form 4
Kitchen Christopher
EVP and General Counsel
Transactions
- Disposition to Issuer
Options to Purchase Class A Common Stock
2017-01-03−50,000→ 25,000 totalExercise: $12.27Exp: 2025-08-19→ Class A Common Stock (50,000 underlying) - Award
Options to Purchase Class A Common Stock
2017-01-03+50,000→ 75,000 totalExercise: $9.63Exp: 2025-08-19→ Class A Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The transaction reported herein reflects a repricing of options (the "Repricing") that became effective on January 3, 2017. The stock options were originally granted to the Reporting Person on August 19, 2015. As a result of the Repricing, such options now have a lower exercise price; other than the reduced exercise price, there have been no other changes in the terms of such options. However, under Section 16 of the Securities Exchange Act of 1934 and the rules thereunder, a reduction in the exercise price of any option is treated as effectively canceling the old option and granting a new option as of the effective date of the repricing, and thus is being reported accordingly in this Form 4.
- [F2]The Reporting Person's options to purchase Class A Common Stock were fully vested upon issuance, but remain subject to certain transfer restrictions.
Documents
Issuer
Townsquare Media, Inc.
CIK 0001499832
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001499832
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 3:49 PM ET
- Size
- 8.4 KB