James A. Rasulo - 18 May 2023 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Role
Director
Signature
/s/ Jordan R. Fasbender, as Attorney-in-Fact for James A. Rasulo
Issuer symbol
IHRT
Transactions as of
18 May 2023
Net transactions value
+$199,998
Form type
4
Filing time
22 May 2023, 20:30:35 UTC
Previous filing
06 Jul 2022
Next filing
07 Jun 2024

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 $199,998 +72,992 +69% $2.74 179,170 18 May 2023 Direct F1
transaction IHRT Class A Common Stock, par value $0.001 per share Award $0 +54,744 +31% $0.000000 233,914 18 May 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") in lieu of cash compensation. Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest as to one-fourth of the total RSUs granted on each of March 31, 2023, June 30, 2023, September 30, 2023 and December 31, 2023.
F2 Represents RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest in full on the earlier of May 18, 2024 or the Company's 2024 annual meeting of stockholders.