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

Role
COO
Signature
/s/**Allison Zolot as Attorney-in-Fact for Erik Hellum
Issuer symbol
TSQ
Transactions as of
19 Dec 2023
Net transactions value
-$10,875
Form type
4
Filing time
21 Dec 2023, 16:33:06 UTC
Previous filing
01 Sep 2023
Next filing
27 Dec 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 $13,337 +1,526 +0.22% $8.74 699,455 19 Dec 2023 Direct
transaction TSQ Class A Common Stock Sale $16,786 -1,526 -0.22% $11.00 697,929 19 Dec 2023 Direct
transaction TSQ Class A Common Stock Options Exercise $28,720 +3,286 +0.47% $8.74 697,929 20 Dec 2023 Direct
transaction TSQ Class A Common Stock Sale $36,146 -3,286 -0.47% $11.00 694,643 20 Dec 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 -1,526 -0.22% $0.000000 705,095 19 Dec 2023 Class A Common Stock 1,526 $8.74 Direct F2, F3
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -3,286 -0.47% $0.000000 701,809 20 Dec 2023 Class A Common Stock 3,286 $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.