John David Crowley - 09 Jan 2023 Form 4 Insider Report for AUDACY, INC.

Role: Chf Dgtl Off/Pres Podcast
Signature: John David Crowley by /s/ Andrew P. Sutor, IV, Authorized Signatory
Issuer symbol: N/A
Transactions as of: 09 Jan 2023
Net transactions value: +$75,000
Form type: 4
Filing time: 10 Jan 2023, 15:43:43 UTC
Previous filing: 30 Nov 2022
Next filing: 14 Feb 2023
SEC: View on sec.gov

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	$75,000	+300,000	+87%	$0.2500	643,756	09 Jan 2023	Direct	F1, F2

* 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.
F2	This amount reflects the forfeiture of 125,000 restricted stock units on January 9, 2023. The acquisition of these restricted stock units, which were subject to performance based vesting, took place prior to the Reporting Person's appointment as a Section 16 Reporting Person, and were included in the total amount of securities beneficially owned in Table I of the Reporting Person's Form 3 filed on December 23, 2021.

Content

These shares represent restricted stock units subject to time based vesting, as described in the grant instrument.

This amount reflects the forfeiture of 125,000 restricted stock units on January 9, 2023. The acquisition of these restricted stock units, which were subject to performance based vesting, took place prior to the Reporting Person's appointment as a Section 16 Reporting Person, and were included in the total amount of securities beneficially owned in Table I of the Reporting Person's Form 3 filed on December 23, 2021.