Jordan Fasbender - May 18, 2024 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Role
Executive Vice President, General Counsel and Secretary
Signature
/s/ Jordan R. Fasbender
Stock symbol
IHRT
Transactions as of
May 18, 2024
Transactions value $
-$41,864
Form type
4
Date filed
5/21/2024, 06:10 PM
Previous filing
May 10, 2024
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IHRT Class A Common Stock, par value $0.001 per share Tax liability -$26.2K -21.6K -8.57% $1.21 231K May 18, 2024 Direct F1
transaction IHRT Class A Common Stock, par value $0.001 per share Options Exercise +13K +5.61% 244K May 18, 2024 Direct F2
transaction IHRT Class A Common Stock, par value $0.001 per share Tax liability -$6.32K -5.22K -2.14% $1.21 239K May 18, 2024 Direct F3
transaction IHRT Class A Common Stock, par value $0.001 per share Disposed to Issuer -$9.36K -7.74K -3.24% $1.21 231K May 18, 2024 Direct

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 IHRT Restricted Stock Units Options Exercise -13K -33.33% 25.9K May 18, 2024 Class A Common Stock 13K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents shares withheld for taxes upon vesting of stock-settled restricted stock units.
F2 Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Class A common stock on the applicable vesting date. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of May 18, 2023.
F3 Transaction represents cash equivalent amounts withheld for taxes upon vesting of cash-settled restricted stock units.

Remarks:

Executive Vice President, General Counsel and Secretary