Erik Hellum - 18 Jan 2023 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
19 Jan 2023, 20:28:38 UTC
Prior SEC filing
12 Oct 2022
Next SEC filing
14 Mar 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 19 Jan 2023.

Key facts

  • This page summarizes Erik Hellum's Form 4 filing for Townsquare Media, Inc. (TSQ).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 19 Jan 2023, 20:28.

Change

  • Previous filing in this sequence was filed on 12 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TSQ transaction

Class A Common Units

Award

Transaction value
$0
Shares
+52,980
Change %
+10%
Price
$0.000000
Shares after
559,421
Date
18 Jan 2023
Ownership
Direct
Footnotes
F1
TSQ transaction

Class A Common Units

Award

Transaction value
$0
Shares
+52,980
Change %
+9.5%
Price
$0.000000
Shares after
612,401
Date
18 Jan 2023
Ownership
Direct
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Reporting Person's time-based restricted stock units reported in this row will vest as to 33.33% on the first anniversary of the Grant Date, 33.33% on the second anniversary of the Grant Date, and 33.34% on the third anniversary of the Grant Date, in each case, subject to the Reporting Person's continued service through each applicable vesting date.

Footnote F2

The Reporting Person's performance-based restricted stock units reported in this row will vest subject to the achievement of a specified volume weighted average trading price ("VWAP") measured over the last 20 trading days of the performance period that begins on the Grant Date and ends on January 18, 2026, subject to the Reporting Person's continued service through the end of the performance period. Subject to the foregoing conditions, achievement of a VWAP of $8.74, $10.75 and $13.05, will result in the vesting of 17,660, 17,660 and 17,660 of the performance-based restricted stock units, respectively.

Footnote F3

Includes 74,711 shares of Class A common stock that are not subject to vesting or transfer restrictions and 431,730 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.

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