Form 4 for IHRT iHeartMedia, Inc.
Accepted 2022-04-15 00:00:00 ET · period of report 2022-04-13 · accession 0000950157-22-000442 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-04-15 | 2022-04-13+ | IHRT | Global Media & Entertainment Investments Trust | 10% | P - Purchase | $18.96 | +2.61M | 13.41M | +24% | +$49.41M |
| M | 2022-04-15 | 2022-04-13+ | IHRT | Global Media & Entertainment Investments Trust | 10% | P - Purchase | $18.96 | +1.30M | 13.41M | +11% | +$24.70M |
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 | 2022-04-13 | P | A | 453,496 | $18.79 | 12,557,692 | I By The Global Media & Entertainment Investments Trust | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.66 to $18.90, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares of Class A common stock purchased at each separate price within the range set forth in footnotes (1) and (2) to this Form 4. (F7) The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any securities reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any. (F3) The Global Media & Entertainment Investments Trust (the "Trust") is the sole stockholder of Global Media & Entertainment Investments Ltd ("GMEI") and may be deemed to indirectly beneficially own the shares owned directly by GMEI. |
| 2 | Common | Class A common stock | 2022-04-13 | P | A | 453,496 | $18.79 | 12,557,692 | D By The Global Media & Entertainment Investments Trust | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.66 to $18.90, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares of Class A common stock purchased at each separate price within the range set forth in footnotes (1) and (2) to this Form 4. (F7) The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any securities reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any. (F3) The Global Media & Entertainment Investments Trust (the "Trust") is the sole stockholder of Global Media & Entertainment Investments Ltd ("GMEI") and may be deemed to indirectly beneficially own the shares owned directly by GMEI. |
| 3 | Common | Class A common stock | 2022-04-13 | P | A | 453,496 | $18.79 | 12,557,692 | I By Michael Tabor as beneficiary of The Global Media & Entertainment Investments Trust | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.66 to $18.90, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares of Class A common stock purchased at each separate price within the range set forth in footnotes (1) and (2) to this Form 4. (F7) The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any securities reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any. (F4) Michael Tabor is the beneficiary of the Trust and may be deemed to indirectly beneficially own the shares directly owned by GMEI. |
| 4 | Common | Class A common stock | 2022-04-14 | P | A | 849,446 | $19.05 | 13,407,138 | D By Michael Tabor as beneficiary of The Global Media & Entertainment Investments Trust | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.58 to $19.25, inclusive. (F7) The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any securities reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any. (F4) Michael Tabor is the beneficiary of the Trust and may be deemed to indirectly beneficially own the shares directly owned by GMEI. |
| 5 | Common | Class A common stock | 2022-04-14 | P | A | 849,446 | $19.05 | 13,407,138 | I | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.58 to $19.25, inclusive. |
| 6 | Common | Class A common stock | 2022-04-14 | P | A | 849,446 | $19.05 | 13,407,138 | I | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.58 to $19.25, inclusive. |