Mary G. Berner - 21 Feb 2025 Form 4 Insider Report for CUMULUS MEDIA INC (CMLS)

Role
President & CEO, Director
Signature
/s/ Richard S. Denning, Attorney-In-Fact
Issuer symbol
CMLS
Transactions as of
21 Feb 2025
Net transactions value
$0
Form type
4
Filing time
25 Feb 2025, 18:16:26 UTC
Previous filing
28 Feb 2024
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 +31,123 +3% $0.000000 1,083,960 21 Feb 2025 Direct F1
transaction CMLS Class A Common Stock, par value $0.0000001 per share Tax liability $0 -38,507 -3.6% $0.000000 1,045,453 21 Feb 2025 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 3,059 vested performance-based restricted stock units awarded on February 5, 2021, 6,777 vested performance-based restricted stock units awarded on February 3, 2022, 6,739 vested performance-based restricted stock units awarded on March 3, 2023, and 14,548 vested performance-based restricted stock units awarded on February 17, 2024.
F2 Shares withheld to cover the tax withholding obligation due to the vesting of performance-based restricted stock units.