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

Role
Executive Vice President, General Counsel and Secretary
Signature
/s/ Jordan R. Fasbender
Issuer symbol
IHRT
Transactions as of
18 May 2023
Net transactions value
$0
Form type
4
Filing time
22 May 2023, 20:29:42 UTC
Previous filing
11 May 2023
Next filing
11 Jul 2023
SEC
View on sec.gov

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 +116,613 +150% $0.000000 194,456 18 May 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 +38,871 $0.000000 38,871 18 May 2023 Class A Common Stock 38,871 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