Form 4 for IHRT iHeartMedia, Inc.
Accepted 2023-05-22 00:00:00 ET · period of report 2023-05-18 · accession 0000899243-23-013640 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-22 | 2023-05-18 | IHRT | BRESSLER RICHARD J | SEE REMARKS, Dir | A - Grant | $0.00 | +1.04M | 2.64M | +65% | $0 |
| D | 2023-05-22 | 2023-05-18 | IHRT | BRESSLER RICHARD J | SEE REMARKS, Dir | A - Grant | $0.00 | +423.3K | 423.3K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.001 per share | 2023-05-18 | A | A | 1,036,556 | $0.00 | 2,642,734 | D | — | — | (F1) Reflects stock-settled restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of May 18, 2023. (F2) Includes RSUs subject to time vesting conditions as well as performance stock units subject to achievement of certain absolute total stockholder return goals calculated over a five-year performance period. |
| 2 | Derivative | Restricted Stock Units | 2023-05-18 | A | A | 423,298 | $0.00 | 423,298 | D | — · — to — | 423,298 Class A Common Stock | (F3) Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A common stock on the applicable vesting date. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of May 18, 2023. |