Form 4 for TSQ Townsquare Media, Inc.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0000950170-24-026250 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-03-05 | 2024-03-01 | TSQ | Madison Square Garden Entertainment Corp. | 10% | C - Cnv Deriv | — | +1.12M | 1.71M | +193% | — |
| DI | 2024-03-05 | 2024-03-01 | TSQ | Madison Square Garden Entertainment Corp. | 10% | C - Cnv Deriv | — | -1.12M | 0 | -100% | — |
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 $0.01 per share | 2024-03-01 | C | A | 1,125,000 | — | 1,708,139 | I By Subsidiary | — | — | (F1) On March 1, 2024, MSG National Properties, LLC an indirect subsidiary of Madison Square Garden Entertainment Corp. and the direct holder of Class C Common Stock, par value $0.01 per share ("Class C Common Stock"), of Townsquare Media, Inc. (the "Issuer"), converted 1,125,000 shares of Class C Common Stock to Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Issuer. |
| 2 | Derivative | Class C Common Stock, par value $0.01 per share | 2024-03-01 | C | D | 1,125,000 | — | 0 | I By Subsidiary | — · — to — | 1,125,000 Class A Common Stock | (F1) On March 1, 2024, MSG National Properties, LLC an indirect subsidiary of Madison Square Garden Entertainment Corp. and the direct holder of Class C Common Stock, par value $0.01 per share ("Class C Common Stock"), of Townsquare Media, Inc. (the "Issuer"), converted 1,125,000 shares of Class C Common Stock to Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of the Issuer. (F2) Each share of the Class C Common Stock has no expiration date and is convertible at the election of the holder into a share of Class A Common Stock and is automatically convertible into a share of Class A Common Stock under certain circumstances, subject to certain limitations set forth in the certificate of incorporation of the Issuer. |