Erik Hellum - 27 Sep 2024 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
27 Sep 2024
Net transactions value
-$115,733
Form type
4
Filing time
01 Oct 2024, 16:38:13 UTC
Previous filing
27 Sep 2024
Next filing
17 Jan 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 $95,311 +14,507 +2.5% $6.57 595,353 27 Sep 2024 Direct
transaction TSQ Class A Common Stock Sale $147,826 -14,507 -2.4% $10.19 580,846 27 Sep 2024 Direct F1
transaction TSQ Class A Common Stock Options Exercise $119,351 +18,166 +3.2% $6.57 580,846 30 Sep 2024 Direct
transaction TSQ Class A Common Stock Sale $182,568 -18,166 -3.1% $10.05 562,680 30 Sep 2024 Direct F2, F3

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 -14,507 -2.9% $0.000000 493,028 27 Sep 2024 Class A Common Stock 14,507 $6.57 Direct F4, F5
transaction TSQ Option to Purchase Class A Common Stock Options Exercise $0 -18,166 -3.7% $0.000000 474,862 30 Sep 2024 Class A Common Stock 18,166 $6.57 Direct F4, F5
* 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 $10.10 to $10.29. 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 $10.00 to $10.18. 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 Includes: i) 114,747 shares of Class A common stock that are not subject to vesting or transfer restrictions; ii) 164,824 restricted stock units and iii) 283,109 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
F4 All of the shares subject to this option are fully vested and exercisable as of the date hereof.
F5 Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.