Joseph M. Field - Dec 23, 2021 Form 4 Insider Report for AUDACY, INC. (AUDA)

Role
Chairman Emeritus, Director, 10%+ Owner
Signature
Joseph M. Field by /s/ Andrew P. Sutor, IV, authorized signatory
Stock symbol
AUDA
Transactions as of
Dec 23, 2021
Transactions value $
-$999,998
Form type
4
Date filed
12/27/2021, 03:38 PM
Previous filing
Nov 24, 2021
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUDA Class A Common Stock, par value $0.01 per share Sale -$1M -394K -2.67% $2.54 14.3M Dec 23, 2021 By Spouse and by Trust F1, F2
holding AUDA Class A Common Stock, par value $0.01 per share 29.6K Dec 23, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with his estate planning, the Reporting Person sold 393,700 shares of Class A Common Stock to his Daughter in a private transaction.
F2 Amount shown includes 1,022,211 shares which were previously directly held by the Reporting Person and are now held in a trust.