Form 4 for EVC ENTRAVISION COMMUNICATIONS CORP
Accepted 2023-07-03 00:00:00 ET · period of report 2023-07-01 · accession 0001209191-23-040403 · 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 | 2023-07-03 | 2023-07-01 | EVC | Christenson Michael J | CEO | A - Grant | $0.00 | +1.00M | 1.00M | New | $0 |
| D | 2023-07-03 | 2023-07-01 | EVC | Christenson Michael J | CEO | A - Grant | $0.00 | +1.00M | 1.00M | 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 | 2023-07-01 | A | A | 1,000,000 | $0.00 | 1,000,000 | D | — | — | (F1) Represents an award of 1,000,000 restricted stock units that vest as follows: (i) 20% on July 1, 2024; and (ii) the remaining 80% in eight equal semi-annual installments, with the first installment vesting six months after July 1, 2024 and the last installment vesting on July 1, 2028. (F2) Includes 1,000,000 restricted stock units. |
| 2 | Derivative | Performance Units | 2023-07-01 | A | A | 1,000,000 | $0.00 | 1,000,000 | D | — · — to 2028-07-01 | 1,000,000 Class A common stock | (F3) Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting over five years on the same timing as the restricted stock units described in footnote 1, and (ii) a market-based vesting condition based on total shareholder return hurdles in five equal tranches. |