MICHAEL B. MCGUINNESS - 25 Feb 2024 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Role
EVP-Finance & Deputy CFO
Signature
/s/ Jordan R. Fasbender, as Attorney-in-Fact for Michael B. McGuinness
Issuer symbol
IHRT
Transactions as of
25 Feb 2024
Net transactions value
$0
Form type
4
Filing time
27 Feb 2024, 18:34:09 UTC
Previous filing
22 May 2023
Next filing
10 May 2024
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 +87,500 +27% $0.000000 417,432 25 Feb 2024 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 +87,500 $0.000000 87,500 25 Feb 2024 Class A Common Stock 87,500 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 February 25, 2024.
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 February 25, 2024.