Liberman A. Jeffery - Jan 21, 2025 Form 4 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Signature
/s/ Jeffrey C. DeMartino by power of attorney for Jeffery A. Liberman
Stock symbol
EVC
Transactions as of
Jan 21, 2025
Transactions value $
$0
Form type
4
Date filed
4/7/2025, 05:00 PM
Previous filing
Dec 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVC Class A common stock Award $0 +300K +106.47% $0.00 582K Jan 21, 2025 Direct F1, F2
holding EVC Class A common stock 401K Jan 21, 2025 By family trust 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 EVC Performance Units Award $0 +230K +230% $0.00 330K Jan 21, 2025 Class A common stock 230K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 300,000 restricted stock units that vests as follows: (i) 25% on December 20, 2025; (ii) 25% on December 20, 2026; (iii) 25% on December 20, 2027; and (iv) 25% on December 20, 2028.
F2 Includes 504,500 restricted stock units and 77,262 shares of Class A common stock. The reporting person also has indirect beneficial ownership of 401,095 shares of Class A common stock held by a family trust.
F3 Excludes 77,262 shares of Class A common stock and 504,500 restricted stock units directly owned by the reporting person.
F4 Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting, with 20% vesting on January 21, 2026 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches.