Walter F. Ulloa - 18 Jan 2022 Form 4 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Jeffrey C. DeMartino by power of attorney for Walter F. Ulloa
Issuer symbol
EVC
Transactions as of
18 Jan 2022
Net transactions value
-$286,625
Form type
4
Filing time
19 Jan 2022, 17:40:48 UTC
Previous filing
22 Dec 2021
Next filing
16 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVC Class A common stock Options Exercise $110,220 +66,000 +3.2% $1.67 2,116,885 18 Jan 2022 Direct F1, F2
transaction EVC Class A common stock Disposed to Issuer $396,845 -66,000 -3.1% $6.01 2,050,885 18 Jan 2022 Direct F1, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVC Stock option (right to buy) Options Exercise $0 -66,000 -31% $0.000000 150,000 18 Jan 2022 Class A common stock 66,000 $1.67 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents an exercise of stock options and the sale of the underlying shares of Class A common stock, each effected pursuant to a Rule 10b5-1 trading plan.
F2 Includes 900,000 restricted stock units. The reporting person also has direct ownership of 1,216,885 shares of Class A common stock, indirect beneficial ownership of 425 shares of Class A common stock held by Ms. Alexandra Seros and indirect beneficial ownership of 889,848 shares of Class B common stock held by The Walter F. Ulloa Irrevocable Trust of 1996 and 10,599,517 shares of Class B common stock held by Seros Ulloa Family Trust of 1996.
F3 The reported price is a weighted average price. These shares were disposed in multiple transactions at prices ranging from $5.96 to $6.08 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 Includes 900,000 restricted stock units. The reporting person also has direct ownership of 1,150,885 shares of Class A common stock, indirect beneficial ownership of 425 shares of Class A common stock held by Ms. Alexandra Seros and indirect beneficial ownership of 889,848 shares of Class B common stock held by The Walter F. Ulloa Irrevocable Trust of 1996 and 10,599,517 shares of Class B common stock held by Seros Ulloa Family Trust of 1996.