Mark Boelke - May 9, 2024 Form 3 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Signature
/s/ Jeffrey C. DeMartino, by power of attorney for Mark A. Boelke
Stock symbol
EVC
Transactions as of
May 9, 2024
Transactions value $
$0
Form type
3
Date filed
5/20/2024, 04:54 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EVC Class A common stock 465K May 9, 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
holding EVC Performance Units May 9, 2024 Class A common stock 100K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 339,850 restricted stock units.
F2 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.