Mark Boelke - 09 May 2024 Form 3 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Signature
/s/ Jeffrey C. DeMartino, by power of attorney for Mark A. Boelke
Issuer symbol
EVC
Transactions as of
09 May 2024
Net transactions value
$0
Form type
3
Filing time
20 May 2024, 16:54:43 UTC
Next filing
23 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EVC Class A common stock 465,412 09 May 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 09 May 2024 Class A common stock 100,000 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.