Emmis Corp - Jan 11, 2023 Form 4 Insider Report for Mediaco Holding Inc. (MDIA)

Role: Director, 10%+ Owner
Signature: Emmis Corporation by J. Scott Enright, its Executive Vice President, General Counsel & Secretary.
Stock symbol: MDIA
Transactions as of: Jan 11, 2023
Transactions value $: -$10,806
Form type: 4
Date filed: 1/13/2023, 03:06 PM
Previous filing: Jan 11, 2023
Next filing: Jan 18, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MDIA	Class A Common Stock	Sale	-$6.9K	-4.6K	-1.01%	$1.50	450K	Jan 11, 2023	Direct	F1, F2
transaction	MDIA	Class A Common Stock	Sale	-$3.91K	-2.6K	-0.58%	$1.50	448K	Jan 12, 2023	Direct	F1, F3

Showing 1 to 2 of 2 entries

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

Explanation of Responses:

Id	Content
F1	These reported securities were sold by Emmis pursuant to a 10b5-1 plan contemplating regular sales of the shares acquired by note conversions.
F2	Represents the weighted average of a range of sale prices from $1.46 to $1.56. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.
F3	Represents the weighted average of a range of sale prices from $1.48 to $1.54. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.

Remarks:

Emmis Corporation has the right to recommend three directors for election to the Issuer's board of directors, and Jeffrey H. Smulyan, Patrick M. Walsh and J. Scott Enright serve as directors of the Issuer pursuant to that right. Emmis therefore is a director by deputization of the Issuer. Mr. Smulyan, Mr. Walsh and Mr. Enright disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.