Jordan Fasbender - May 18, 2023 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Signature
/s/ Jordan R. Fasbender
Stock symbol
IHRT
Transactions as of
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 08:29 PM
Previous filing
May 11, 2023
Next filing
Jul 11, 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 +117K +149.81% $0.00 194K May 18, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IHRT Restricted Stock Units Award $0 +38.9K $0.00 38.9K May 18, 2023 Class A Common Stock 38.9K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects stock-settled restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of May 18, 2023.
F2 Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A common stock on the applicable vesting date. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of May 18, 2023.

Remarks:

Executive Vice President, General Counsel and Secretary