Robert L. Worshek - Aug 15, 2024 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)

Role
SVP, Chief Accounting Officer
Signature
/s/ Robert L. Worshek
Stock symbol
TSQ
Transactions as of
Aug 15, 2024
Transactions value $
-$395,670
Form type
4
Date filed
8/19/2024, 04:36 PM
Previous filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSQ Class A Common Stock Options Exercise $216K +45K +152.54% $4.79 74.5K Aug 15, 2024 Direct
transaction TSQ Class A Common Stock Sale -$473K -45K -60.4% $10.51 29.5K Aug 15, 2024 Direct F1
transaction TSQ Class A Common Stock Options Exercise $24K +5K +20.41% $4.79 29.5K Aug 16, 2024 Direct
transaction TSQ Class A Common Stock Options Exercise $148K +22.5K +321.43% $6.57 29.5K Aug 16, 2024 Direct
transaction TSQ Class A Common Stock Sale -$310K -29.5K -100% $10.51 0 Aug 16, 2024 Direct F2

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 Option to Purchase Class A Common Stock Options Exercise $0 -45K -18.58% $0.00 197K Aug 15, 2024 Class A Common Stock 45K $4.79 Direct F3, F4
transaction TSQ Option to Purchase Class A Common Stock Options Exercise $0 -5K -2.53% $0.00 192K Aug 16, 2024 Class A Common Stock 5K $4.79 Direct F3
transaction TSQ Option to Purchase Class A Common Stock Options Exercise $0 -22.5K -11.7% $0.00 170K Aug 16, 2024 Class A Common Stock 22.5K $6.57 Direct F3
* 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 $10.50 to $10.58 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 $10.50 to $10.54 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 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.