Form 4 for IHRT iHeartMedia, Inc.
Accepted 2024-05-21 00:00:00 ET · period of report 2024-05-18 · accession 0000950170-24-063136 · 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 | 2024-05-21 | 2024-05-18 | IHRT | PITTMAN ROBERT W | COB, CEO, Dir | M - OptEx | — | +141.1K | 3.66M | +4% | — |
| D | 2024-05-21 | 2024-05-18 | IHRT | PITTMAN ROBERT W | COB, CEO, Dir | F - Tax | $1.21 | -60.5K | 3.60M | -2% | -$73.2K |
| D | 2024-05-21 | 2024-05-18 | IHRT | PITTMAN ROBERT W | COB, CEO, Dir | D - Sale to Iss | $1.21 | -80.6K | 3.52M | -2% | -$97.6K |
| D | 2024-05-21 | 2024-05-18 | IHRT | PITTMAN ROBERT W | COB, CEO, Dir | M - OptEx | — | -141.1K | 282.2K | -33% | — |
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 | 2024-05-18 | M | A | 141,099 | — | 3,657,458 | D | — | — | (F1) 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. (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 | Common | Class A Common Stock, par value $0.001 per share | 2024-05-18 | F | D | 60,475 | $1.21 | 3,596,983 | D | — | — | (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. |
| 3 | Common | Class A Common Stock, par value $0.001 per share | 2024-05-18 | D | D | 80,624 | $1.21 | 3,516,359 | D | — | — | (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. |
| 4 | Derivative | Restricted Stock Units | 2024-05-18 | M | D | 141,099 | — | 282,199 | D | — · — to — | 141,099 Class A Common Stock | (F1) 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. |