Liberman A. Jeffery - Jan 25, 2024 Form 4 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Role
President and COO
Signature
/s/ Jeffrey C. DeMartino by power of attorney for Jeffery A. Liberman
Stock symbol
EVC
Transactions as of
Jan 25, 2024
Transactions value $
$0
Form type
4
Date filed
2/7/2024, 08:00 AM
Previous filing
Dec 22, 2023
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVC Class A common stock Award $0 +100K +20.95% $0.00 577K Jan 25, 2024 Direct F1, F2, F3
holding EVC Class A common stock 254K Jan 25, 2024 By family trust F4

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 EVC Performance Units Award $0 +100K $0.00 100K Jan 25, 2024 Class A common stock 100K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 100,000 restricted stock units that vests as follows: (i) 25% on December 20, 2024; (ii) 25% on December 20, 2025; (iii) 25% on December 20, 2026; and (iv) 25% on December 20, 2027.
F2 Includes 432,100 restricted stock units and 145,199 shares of Class A common stock. The reporting person also has indirect beneficial ownership of 254,390 shares of Class A common stock held by a family trust.
F3 On December 22, 2023, the Reporting Person filed a Form 4 that inadvertently contained a clerical error in the amount of securities beneficially owned following the reported transaction. That amount is corrected in this Form 4.
F4 Excludes 145,199 shares of Class A common stock and 432,100 restricted stock units directly owned by the reporting person.
F5 Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting, with 20% vesting on January 25, 2025 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches.