Michael J. Christenson - Jul 1, 2023 Form 4 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Signature
/s/ Jeffrey C. DeMartino, by power of attorney for Michael J. Christenson
Stock symbol
EVC
Transactions as of
Jul 1, 2023
Transactions value $
$0
Form type
4
Date filed
7/3/2023, 07:00 AM
Previous filing
Dec 6, 2021
Next filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVC Class A common stock Award $0 +1M $0.00 1M Jul 1, 2023 Direct F1, F2

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 Performance Units Award $0 +1M $0.00 1M Jul 1, 2023 Class A common stock 1M Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 1,000,000 restricted stock units that vest as follows: (i) 20% on July 1, 2024; and (ii) the remaining 80% in eight equal semi-annual installments, with the first installment vesting six months after July 1, 2024 and the last installment vesting on July 1, 2028.
F2 Includes 1,000,000 restricted stock units.
F3 Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting over five years on the same timing as the restricted stock units described in footnote 1, and (ii) a market-based vesting condition based on total shareholder return hurdles in five equal tranches.