Jordan Fasbender - Feb 25, 2024 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Signature
/s/ Jordan R. Fasbender
Stock symbol
IHRT
Transactions as of
Feb 25, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 06:34 PM
Previous filing
Feb 20, 2024
Next filing
May 10, 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 $0 +75K +39.56% $0.00 265K Feb 25, 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 +75K $0.00 75K Feb 25, 2024 Class A Common Stock 75K 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.

Remarks:

Executive Vice President, General Counsel and Secretary