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

Role
Director
Signature
/s/**Allison Zolot as Attorney-in-Fact for David Lebow
Issuer symbol
TSQ
Transactions as of
25 Aug 2023
Net transactions value
-$31.22
Form type
4
Filing time
29 Aug 2023, 16:05:52 UTC
Previous filing
20 Jan 2023
Next filing
31 Aug 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 Options Exercise $35,170 +4,024 +4.4% $8.74 94,592 25 Aug 2023 Direct
transaction TSQ Class A Common Stock Sale $39,033 -4,024 -4.3% $9.70 90,568 25 Aug 2023 Direct F1
transaction TSQ Class A Common Stock Options Exercise $3,942 +451 +0.5% $8.74 90,568 25 Aug 2023 Direct
transaction TSQ Class A Common Stock Options Exercise $46,969 +5,374 +6.3% $8.74 90,568 28 Aug 2023 Direct
transaction TSQ Class A Common Stock Sale $52,235 -5,374 -5.9% $9.72 85,194 28 Aug 2023 Direct F2
transaction TSQ Class A Common Stock Options Exercise $5,157 +590 +0.7% $8.74 85,194 28 Aug 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 -4,024 -12% $0.000000 28,342 25 Aug 2023 Class A Common Stock 4,024 $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -451 -1.6% $0.000000 27,891 25 Aug 2023 Class A Common Stock 451 $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -5,374 -19% $0.000000 22,517 28 Aug 2023 Class A Common Stock 5,374 $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -590 -2.6% $0.000000 21,927 28 Aug 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.