Key facts
- This page summarizes David J. Field's Form 4 filing for AUDACY, INC..
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 11 May 2022, 17:25.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Award
Award
No transaction description listed
Additional SEC filing notes
Footnote F1
These shares represent restricted stock units subject to time-based vesting, as described in the grant instrument. While this grant was approved by the Issuer on December 1, 2021 (in connection with the Issuer's 2021 annual equity grant program), such grant was subject to the Issuer's shareholders approving a new equity compensation plan at the 2022 annual meeting of shareholders, which occurred on May 10, 2022.
Footnote F2
These shares represent restricted stock units subject to time-based vesting as described in the Reporting Person's Employment Agreement dated December 14, 2021 (which was filed as Exhibit 10.4 to the Issuer's Annual Report on Form 10K on March 1, 2022). This grant was subject to the Issuer's shareholders approving a new equity compensation plan at the 2022 annual meeting of shareholders, which occurred on May 10, 2022.
Footnote F3
These shares represent restricted stock units subject to performance based vesting as described in the Reporting Person's Employment Agreement dated December 14, 2021 (which was filed as Exhibit 10.4 to the Issuer's Annual Report on Form 10K on March 1, 2022). The vesting requirements are a function of the Issuer's share price reaching thresholds of $6.00 per share (for 1/3rd of these shares), $9.00 per share (for 1/3rd of these shares) and $12.00 per share (for the remaining 1/3rd of these shares), as was summarized by the Issuer in a Form 8K filed on December 17, 2021. This grant was subject to the Issuer's shareholders approving a new equity compensation plan at the 2022 annual meeting of shareholders, which occurred on May 10, 2022.