Jordan Fasbender - 25 Feb 2024 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
25 Feb 2024
Net transactions value
$0
Form type
4
Filing time
27 Feb 2024, 18:34:21 UTC
Previous filing
20 Feb 2024
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 +75,000 +40% $0.000000 264,580 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 +75,000 $0.000000 75,000 25 Feb 2024 Class A Common Stock 75,000 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