Francisco J. Lopez-Balboa - Mar 3, 2023 Form 4 Insider Report for CUMULUS MEDIA INC (CMLS)

Role
Executive Vice President and Chief Financial Officer
Signature
/s/ Richard S. Denning, Attorney-In-Fact
Stock symbol
CMLS
Transactions as of
Mar 3, 2023
Transactions value $
$0
Form type
4
Date filed
3/7/2023, 03:38 PM
Previous filing
Feb 24, 2023
Next filing
May 8, 2023

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 +119K +60.99% $0.00 313K Mar 3, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of time-based restricted stock units granted on March 3, 2023, which vest 25% each year on the grant anniversary date over the four-year period following the grant date. Each restricted stock unit represents a right to receive one share of Class A common stock.

Remarks:

Executive Vice President and Chief Financial Officer