Erik Hellum - Dec 19, 2023 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)

Role
COO
Signature
/s/**Allison Zolot as Attorney-in-Fact for Erik Hellum
Stock symbol
TSQ
Transactions as of
Dec 19, 2023
Transactions value $
-$10,875
Form type
4
Date filed
12/21/2023, 04:33 PM
Previous filing
Sep 1, 2023
Next filing
Dec 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSQ Class A Common Stock Options Exercise $13.3K +1.53K +0.22% $8.74 699K Dec 19, 2023 Direct
transaction TSQ Class A Common Stock Sale -$16.8K -1.53K -0.22% $11.00 698K Dec 19, 2023 Direct
transaction TSQ Class A Common Stock Options Exercise $28.7K +3.29K +0.47% $8.74 698K Dec 20, 2023 Direct
transaction TSQ Class A Common Stock Sale -$36.1K -3.29K -0.47% $11.00 695K Dec 20, 2023 Direct F1

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 -1.53K -0.22% $0.00 705K Dec 19, 2023 Class A Common Stock 1.53K $8.74 Direct F2, F3
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -3.29K -0.47% $0.00 702K Dec 20, 2023 Class A Common Stock 3.29K $8.74 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes: i) 78,627 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 105,960 restricted stock units and iii) 510,056 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
F2 All of the shares subject to this option are fully vested and exercisable as of the date hereof.
F3 Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.