Form 4 for TSQ Townsquare Media, Inc.
Accepted 2024-04-08 00:00:00 ET · period of report 2024-04-04 · accession 0001499832-24-000068 · 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 | 2024-04-08 | 2024-04-04 | TSQ | GINSBERG GARY L | Dir | S - Sale+OE | $12.36 | -11.1K | 89.1K | -11% | -$136.7K |
| D | 2024-04-08 | 2024-04-04 | TSQ | GINSBERG GARY L | Dir | M - OptEx | $9.63 | +11.1K | 100.2K | +12% | +$106.5K |
| D | 2024-04-08 | 2024-04-04 | TSQ | GINSBERG GARY L | Dir | M - OptEx | $0.00 | -11.1K | 10.0K | -53% | $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 | 2024-04-04 | S | D | 11,057 | $12.36 | 89,107 | D | — | — | (F1) The Options to Purchase Class A Common Stock reported in Table II were expiring shortly, and were exercised for cash as a "deemed" issuance of shares by the Issuer, followed by an immediate "deemed" reacquisition of such shares by the Issuer for fair market value. No Common Stock was actually issued in connection with this exercise. (F2) Includes: i) 81,607 shares of Class A common stock that are not subject to vesting or transfer restrictions and ii) 7,500 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions. |
| 2 | Common | Class A Common Stock | 2024-04-04 | M | A | 11,057 | $9.63 | 100,164 | D | — | — | (F1) The Options to Purchase Class A Common Stock reported in Table II were expiring shortly, and were exercised for cash as a "deemed" issuance of shares by the Issuer, followed by an immediate "deemed" reacquisition of such shares by the Issuer for fair market value. No Common Stock was actually issued in connection with this exercise. |
| 3 | Derivative | Option to Purchase Class A Common Stock | 2024-04-04 | M | D | 11,057 | $0.00 | 10,000 | D | $9.63 · — to 2024-07-25 | 11,057 Class A Common Stock | (F4) Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security. (F3) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |