Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TSQ | Class A Common Stock | Options Exercise | $144K | +15K | +14.98% | $9.63 | 115K | Apr 1, 2024 | Direct | F1 |
transaction | TSQ | Class A Common Stock | Sale | -$175K | -15K | -13.02% | $11.68 | 100K | Apr 1, 2024 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TSQ | Option to Purchase Class A Common Stock | Options Exercise | $0 | -15K | -41.6% | $0.00 | 21.1K | Apr 1, 2024 | Class A Common Stock | 15K | $9.63 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | The Options to Purchase Class A Common Stock reported in Table II were exercised for cash and repurchased by the Issuer at fair market value, pursuant to the terms of the Townsquare Media, Inc. 2014 Omnibus Incentive Plan, as a "deemed" issuance of shares by the Issuer and a "deemed" disposition of shares by the Reporting Person. No Common Stock was actually issued to or sold/disposed of by the Reporting Person in connection with this exercise. |
F2 | Includes: i) 81,607 shares of Class A common stock that are not subject to vesting or transfer restrictions and ii) 18,557 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions. |
F3 | All of the shares subject to this option are fully vested and exercisable as of the date hereof. |
F4 | Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security. |