Erik Hellum - 26 Jun 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
28 Jun 2023, 17:01:02 UTC
Prior SEC filing
23 Jun 2023
Next SEC filing
30 Jun 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 28 Jun 2023.

Key facts

  • This page summarizes Erik Hellum's Form 4 filing for Townsquare Media, Inc. (TSQ).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 28 Jun 2023, 17:01.

Change

  • Previous filing in this sequence was filed on 23 Jun 2023.
  • Current net transaction value: -$61,052.

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 Stock

Options Exercise

Transaction value
$58,978
Shares
+6,748
Change %
+1.1%
Price
$8.74
Shares after
620,709
Date
26 Jun 2023
Ownership
Direct
TSQ transaction

Class A Common Stock

Sale

Transaction value
$77,130
Shares
-6,748
Change %
-1.1%
Price
$11.43
Shares after
613,961
Date
26 Jun 2023
Ownership
Direct
Footnotes
F1
TSQ transaction

Class A Common Stock

Options Exercise

Transaction value
$131,100
Shares
+15,000
Change %
+2.5%
Price
$8.74
Shares after
613,961
Date
27 Jun 2023
Ownership
Direct
TSQ transaction

Class A Common Stock

Sale

Transaction value
$174,000
Shares
-15,000
Change %
-2.4%
Price
$11.60
Shares after
598,961
Date
27 Jun 2023
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

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

TSQ transaction Derivative

Options to Purchase Class A Common Stock

Options Exercise

Transaction value
$0
Shares
-6,748
Change %
-0.91%
Price
$0.000000
Shares after
731,621
Date
26 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,748
Exercise price
$8.74
Footnotes
F4, F5
TSQ transaction Derivative

Options to Purchase Class A Common Stock

Options Exercise

Transaction value
$0
Shares
-15,000
Change %
-2.1%
Price
$0.000000
Shares after
716,621
Date
27 Jun 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,000
Exercise price
$8.74
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.40 to $11.55. The Reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.70. The Reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.

Footnote F3

Includes: i) 76,627 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 105,960 restricted stock units and iii) 416,374 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.

Footnote F4

All of the shares subject to this option are fully vested and exercisable as of the date hereof.

Footnote F5

Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .