Steven Price - 04 Apr 2024 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Apr 2024, 10:33:56 UTC
Prior SEC filing
16 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Allison Zolot as Attorney-in- Fact for Steven Price

Key filing fact

Steven Price filed Form 4 for Townsquare Media, Inc. (TSQ) on 08 Apr 2024.

Key facts

  • This page summarizes Steven Price's Form 4 filing for Townsquare Media, Inc. (TSQ).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Apr 2024, 10:33.

Change

  • Previous filing in this sequence was filed on 16 Mar 2023.
  • Current net transaction value: -$5,667,765.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TSQ transaction

Class B Common Stock

Options Exercise

Transaction value
$13,684,052
Shares
+1,565,681
Change %
+175%
Price
$8.74
Shares after
2,462,796
Date
04 Apr 2024
Ownership
Direct
Footnotes
F1
TSQ transaction

Class B Common Stock

Sale

Transaction value
$19,351,817
Shares
-1,565,681
Change %
-64%
Price
$12.36
Shares after
897,115
Date
04 Apr 2024
Ownership
Direct
Footnotes
F1, F2
TSQ holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
360,737
Date
04 Apr 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TSQ transaction Derivative

Option to Purchase Class B Common Stock

Options Exercise

Transaction value
$0
Shares
-1,565,681
Change %
-59%
Price
$0.000000
Shares after
1,075,141
Date
04 Apr 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
1,565,681
Exercise price
$8.74
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The Options to Purchase Class A Common Stock reported in Table II were expiring shortly, and were exercised for cash as a "deemed" issuance of shares by the Issuer, followed by an immediate "deemed" reacquisition of such shares by the Issuer for fair market value. No Common Stock was actually issued in connection with this exercise.

Footnote F2

Includes 631,272 shares of Class B common stock that are not subject to vesting or transfer restrictions and 265,843 options to purchase Class B common stock that are fully vested and not subject to transfer restrictions.

Footnote F3

Includes 110,737 shares of Class A common stock that are not subject to vesting or transfer restrictions and 250,000 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.

Footnote F4

All of the shares subject to this option are fully vested and exercisable as of the date hereof.

Footnote F5

Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.

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