Jordan Fasbender - 18 May 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
18 May 2024
Net transactions value
-$41,864
Form type
4
Filing time
21 May 2024, 18:10:34 UTC
Previous filing
10 May 2024
Next filing
15 Aug 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 Tax liability $26,186 -21,641 -8.6% $1.21 230,839 18 May 2024 Direct F1
transaction IHRT Class A Common Stock, par value $0.001 per share Options Exercise +12,957 +5.6% 243,796 18 May 2024 Direct F2
transaction IHRT Class A Common Stock, par value $0.001 per share Tax liability $6,319 -5,222 -2.1% $1.21 238,574 18 May 2024 Direct F3
transaction IHRT Class A Common Stock, par value $0.001 per share Disposed to Issuer $9,359 -7,735 -3.2% $1.21 230,839 18 May 2024 Direct

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 Options Exercise -12,957 -33% 25,914 18 May 2024 Class A Common Stock 12,957 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents shares withheld for taxes upon vesting of stock-settled restricted stock units.
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 May 18, 2023.
F3 Transaction represents cash equivalent amounts withheld for taxes upon vesting of cash-settled restricted stock units.

Remarks:

Executive Vice President, General Counsel and Secretary