Andrew P. Sutor IV - May 10, 2022 Form 4 Insider Report for AUDACY, INC. (AUDA)

Role: Exec. Vice Pres. & Secretary
Signature: /s/ Andrew P. Sutor, IV
Stock symbol: AUDA
Transactions as of: May 10, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/11/2022, 05:29 PM
Previous filing: Apr 4, 2022
Next filing: Jan 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AUDA	Class A Common Stock, par value $0.01 per share	Award	$0	+17.9K	+5.35%	$0.00	352K	May 10, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.

Content

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.