Robert J. Walker - 22 Feb 2023 Form 4 Insider Report for CUMULUS MEDIA INC (CMLS)

Role
President - Operations
Signature
/s/ Richard S. Denning, Attorney-In-Fact
Issuer symbol
CMLS
Transactions as of
22 Feb 2023
Net transactions value
$0
Form type
4
Filing time
24 Feb 2023, 15:02:53 UTC
Previous filing
24 Feb 2022
Next filing
07 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMLS Class A Common Stock, par value $0.0000001 per share Award $0 +9,340 +11% $0.000000 92,760 22 Feb 2023 Direct F1
transaction CMLS Class A Common Stock, par value $0.0000001 per share Tax liability $0 -4,028 -4.3% $0.000000 88,732 22 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents 2,000 vested performance-based restricted stock units awarded on February 13, 2020, 2,150 vested performance-based restricted stock units awarded on February 5, 2021 and 5,190 vested performance-based restricted stock units awarded on February 3, 2022.
F2 Shares withheld to cover the tax withholding obligation due to the vesting of performance-based restricted stock units.