Claire Marie Yenicay - 16 Feb 2023 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)

Role
EVP, Inv Rel and Corp Comm
Signature
/s/ Allison Zolot as attorney-in-fact for Claire Messner
Issuer symbol
TSQ
Transactions as of
16 Feb 2023
Net transactions value
+$10,257
Form type
4
Filing time
14 Mar 2023, 17:08:42 UTC
Previous filing
11 Oct 2022
Next filing
01 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSQ Class A Common Stock Award $10,257 +1,572 +0.79% $6.52 200,489 10 Mar 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 TSQ Option to Purchase Class A Common Stock Award $0 +40,000 +18% $0.000000 268,035 16 Feb 2023 Class A Common Stock 40,000 $7.27 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported herein represent shares acquired under the terms of the Company's 2021 Employee Stock Purchase Plan.
F2 Includes 9,954 shares of Class A common stock that are not subject to vesting or transfer restrictions and 190,535 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
F3 The Reporting Person's options vest and become exercisable with respect to fifty percent (50%) of the Option Shares vest on the second anniversary of the Grant Date and twenty-five percent (25%) of the Option Shares vest upon the third and fourth anniversaries of the Grant Date.
F4 Includes 190,535 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.