Form 4 for IHRT iHeartMedia, Inc.

Accepted 2024-02-27 00:00:00 ET · period of report 2024-02-25 · accession 0000950170-24-021503 · 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	2024-02-27	2024-02-25	IHRT	BRESSLER RICHARD J	SEE REMARKS, Dir	A - Grant	$0.00	+350.0K	2.99M	+13%	$0
D	2024-02-27	2024-02-25	IHRT	BRESSLER RICHARD J	SEE REMARKS, Dir	A - Grant	$0.00	+770.0K	770.0K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	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	2024-02-25	A	A	350,000	$0.00	2,992,734	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 February 25, 2024. (F2) Includes shares of Class A Common Stock as well as RSUs subject to time vesting conditions and 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	2024-02-25	A	A	770,000	$0.00	770,000	D	— · — to —	770,000 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 February 25, 2024.