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

Role
SVP, Chief Accounting Officer
Signature
/s/ Robert L. Worshek
Issuer symbol
TSQ
Transactions as of
15 Aug 2024
Net transactions value
-$395,670
Form type
4
Filing time
19 Aug 2024, 16:36:17 UTC
Previous filing
28 May 2024
Next filing
18 Mar 2025
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 $215,550 +45,000 +153% $4.79 74,500 15 Aug 2024 Direct
transaction TSQ Class A Common Stock Sale $472,950 -45,000 -60% $10.51 29,500 15 Aug 2024 Direct F1
transaction TSQ Class A Common Stock Options Exercise $23,950 +5,000 +20% $4.79 29,500 16 Aug 2024 Direct
transaction TSQ Class A Common Stock Options Exercise $147,825 +22,500 +321% $6.57 29,500 16 Aug 2024 Direct
transaction TSQ Class A Common Stock Sale $310,045 -29,500 -100% $10.51 0 16 Aug 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 -45,000 -19% $0.000000 197,254 15 Aug 2024 Class A Common Stock 45,000 $4.79 Direct F3, F4
transaction TSQ Option to Purchase Class A Common Stock Options Exercise $0 -5,000 -2.5% $0.000000 192,254 16 Aug 2024 Class A Common Stock 5,000 $4.79 Direct F3
transaction TSQ Option to Purchase Class A Common Stock Options Exercise $0 -22,500 -12% $0.000000 169,754 16 Aug 2024 Class A Common Stock 22,500 $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.