Richard J. Bressler - Feb 20, 2025 Form 4 Insider Report for iHeartMedia, Inc. (IHRT)

Signature
/s/ Scott D. Hamilton, by Power of Attorney for Richard J. Bressler
Stock symbol
IHRT
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/24/2025, 08:19 PM
Previous filing
Feb 21, 2025
Next filing
Feb 27, 2025

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 Award $0 +375K +11.76% $0.00 3.57M Feb 20, 2025 Direct F1

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 Award $0 +909K $0.00 909K Feb 20, 2025 Class A Common Stock 909K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects stock-settled restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of February 20, 2025.
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 February 20, 2025.

Remarks:

President, Chief Financial Officer and Chief Operating Officer