Robert W. Pittman - Mar 28, 2022 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Signature
/s/ Jordan R. Fasbender, by Power of Attorney for Robert W. Pittman
Stock symbol
IHRT
Transactions as of
Mar 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/30/2022, 07:13 PM
Previous filing
Feb 18, 2022
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IHRT Class A Common Stock, par value $0.001 per share Award $0 +462K +51.75% $0.00 1.35M Mar 28, 2022 Direct F1
holding IHRT Class A Common Stock, par value $0.001 per share 21.7K Mar 28, 2022 BY PITTMAN CC, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-vesting restricted stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs will vest upon the achievement of certain absolute total shareholder return goals calculated over a five-year performance period.
F2 The reported item represents shares of Class A Common Stock beneficially owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.