Form 4 for TSQ Townsquare Media, Inc.
Accepted 2024-03-25 00:00:00 ET · period of report 2024-03-21 · accession 0001499832-24-000042 · 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 | 2024-03-25 | 2024-03-21+ | TSQ | Hellum Erik | COO | M - OptEx | $6.25 | +18.5K | 736.7K | +3% | +$115.7K |
| DM | 2024-03-25 | 2024-03-21+ | TSQ | Hellum Erik | COO | S - Sale+OE | $10.91 | -18.5K | 723.2K | -2% | -$202.1K |
| DM | 2024-03-25 | 2024-03-21+ | TSQ | Hellum Erik | COO | M - OptEx | $0.00 | -18.5K | 632.4K | -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 | 2024-03-22 | M | A | 5,000 | $6.25 | 723,222 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-03-22 | S | D | 5,000 | $10.95 | 718,222 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $11.02. 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) 97,444 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 180,127 restricted stock units and iii) 440,651 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions. |
| 3 | Common | Class A Common Stock | 2024-03-21 | S | D | 13,514 | $10.90 | 723,222 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.81 to $11.10. 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. |
| 4 | Common | Class A Common Stock | 2024-03-21 | M | A | 13,514 | $6.25 | 736,736 | D | — | — | |
| 5 | Derivative | Option to Purchase Class A Common Stock | 2024-03-21 | M | D | 13,514 | $0.00 | 637,404 | D | $6.25 · — to 2028-11-08 | 13,514 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 | Option to Purchase Class A Common Stock | 2024-03-22 | M | D | 5,000 | $0.00 | 632,404 | D | $6.25 · — to 2028-11-08 | 5,000 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. |