Form 4 for TSQ Townsquare Media, Inc.
Accepted 2023-06-28 00:00:00 ET · period of report 2023-06-26 · accession 0001499832-23-000075 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-28 | 2023-06-26+ | TSQ | Hellum Erik | COO | S - Sale+OE | $11.55 | -21.7K | 599.0K | -4% | -$251.1K |
| DM | 2023-06-28 | 2023-06-26+ | TSQ | Hellum Erik | COO | M - OptEx | $8.74 | +21.7K | 614.0K | +4% | +$190.1K |
| DM | 2023-06-28 | 2023-06-26+ | TSQ | Hellum Erik | COO | M - OptEx | $0.00 | -21.7K | 716.6K | -3% | $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 | 2023-06-26 | S | D | 6,748 | $11.43 | 613,961 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.40 to $11.55. The Reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price. |
| 2 | Common | Class A Common Stock | 2023-06-26 | M | A | 6,748 | $8.74 | 620,709 | D | — | — | |
| 3 | Common | Class A Common Stock | 2023-06-27 | S | D | 15,000 | $11.60 | 598,961 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.70. The Reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price. (F3) Includes: i) 76,627 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 105,960 restricted stock units and iii) 416,374 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions. |
| 4 | Common | Class A Common Stock | 2023-06-27 | M | A | 15,000 | $8.74 | 613,961 | D | — | — | |
| 5 | Derivative | Options to Purchase Class A Common Stock | 2023-06-26 | M | D | 6,748 | $0.00 | 731,621 | D | $8.74 · — to 2024-07-25 | 6,748 Class A Common Stock | (F5) Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security. (F4) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |
| 6 | Derivative | Options to Purchase Class A Common Stock | 2023-06-27 | M | D | 15,000 | $0.00 | 716,621 | D | $8.74 · — to 2024-07-25 | 15,000 Class A Common Stock | (F5) Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security. (F4) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |