Brad Gerstner - Jul 1, 2022 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Role
Director
Signature
/s/ Scott D. Hamilton, as Attorney-in-Fact for Brad Gerstner
Stock symbol
IHRT
Transactions as of
Jul 1, 2022
Transactions value $
$149,997
Form type
4
Date filed
7/6/2022, 04:30 PM
Previous filing
Jun 16, 2022
Next filing
May 22, 2023

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 +18.6K +36.22% $0.00 69.9K Jul 1, 2022 Direct F1
transaction IHRT Class A Common Stock, par value $0.001 per share Award $150K +18.6K +26.59% $8.07 88.5K Jul 1, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents deferred stock units ("DSUs"). Each DSU represents a contingent right to receive one share of Class A Common Stock. The DSUs shall vest in full on July 1, 2023. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability.
F2 Represents DSUs received in lieu of cash compensation as provided by the Company's Deferred Compensation Plan for Directors. Settlement of the DSUs has been deferred until within 45 days of the earliest to occur of (i) the Reporting Person's separation from service, (ii) a change in control, (iii) the Reporting Person's death, or (iv) the Reporting Person's disability.