David Lebow - Aug 25, 2023 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)

Role
Director
Signature
/s/**Allison Zolot as Attorney-in-Fact for David Lebow
Stock symbol
TSQ
Transactions as of
Aug 25, 2023
Transactions value $
-$31
Form type
4
Date filed
8/29/2023, 04:05 PM
Previous filing
Jan 20, 2023
Next filing
Aug 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSQ Class A Common Stock Options Exercise $35.2K +4.02K +4.44% $8.74 94.6K Aug 25, 2023 Direct
transaction TSQ Class A Common Stock Sale -$39K -4.02K -4.25% $9.70 90.6K Aug 25, 2023 Direct F1
transaction TSQ Class A Common Stock Options Exercise $3.94K +451 +0.5% $8.74 90.6K Aug 25, 2023 Direct
transaction TSQ Class A Common Stock Options Exercise $47K +5.37K +6.31% $8.74 90.6K Aug 28, 2023 Direct
transaction TSQ Class A Common Stock Sale -$52.2K -5.37K -5.93% $9.72 85.2K Aug 28, 2023 Direct F2
transaction TSQ Class A Common Stock Options Exercise $5.16K +590 +0.7% $8.74 85.2K Aug 28, 2023 Direct F3

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 Options to Purchase Class A Common Stock Options Exercise $0 -4.02K -12.43% $0.00 28.3K Aug 25, 2023 Class A Common Stock 4.02K $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -451 -1.59% $0.00 27.9K Aug 25, 2023 Class A Common Stock 451 $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -5.37K -19.27% $0.00 22.5K Aug 28, 2023 Class A Common Stock 5.37K $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -590 -2.62% $0.00 21.9K Aug 28, 2023 Class A Common Stock 590 $8.74 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.69 to $9.72. 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.62 to $9.86. 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.
F3 Includes: i) 51,048 shares of Class A common stock that are not subject to vesting or transfer restrictions and ii) 16,927 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
F4 All of the shares subject to this option are fully vested and exercisable as of the date hereof.
F5 Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.