Erik Hellum - 07 Oct 2022 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Oct 2022, 21:04:28 UTC
Prior SEC filing
11 Oct 2022
Next SEC filing
19 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/**Allison Zolot as Attorney-in-Fact for Erik Hellum

Key filing fact

Erik Hellum filed Form 4 for Townsquare Media, Inc. (TSQ) on 12 Oct 2022.

Key facts

  • This page summarizes Erik Hellum's Form 4 filing for Townsquare Media, Inc. (TSQ).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 12 Oct 2022, 21:04.

Change

  • Previous filing in this sequence was filed on 11 Oct 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TSQ transaction Derivative

Option to Purchase Class A Common Stock

Award

Transaction value
$0
Shares
+121,235
Change %
+23%
Price
$0.000000
Shares after
652,965
Date
07 Oct 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
121,235
Exercise price
$7.59
Footnotes
F1
TSQ transaction Derivative

Option to Purchase Class A Common Stock

Award

Transaction value
$0
Shares
+103,627
Change %
+16%
Price
$0.000000
Shares after
756,592
Date
07 Oct 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
103,627
Exercise price
$7.59
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The Reporting Person's options reported in this row will vest and become exercisable subject to the achievement of a specified volume weighted average trading price ("VWAP") over a period of 20 consecutive trading days, in each case subject to the achievement of such VWAP during the period beginning on the Grant Date and ending on the fifth anniversary of the Grant Date, and the Reporting Person's continued service through each vesting date. Subject to the foregoing conditions, achievement of a VWAP of $9.59, $11.59, $13.59, $15.59 and $17.59, will result in the vesting of 24,615, 23,952, 23,881, 24,096 and 24,691 options, respectively.

Footnote F2

The Reporting Person's options reported in this row will vest and become exercisable as to 33 1/3% on each of the first, second and third anniversaries of the Grant Date, subject to the Reporting Person's continued service through the applicable vesting date.

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