Michael J. Christenson - 21 Jan 2025 Form 4 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Signature
/s/ Jeffrey C. DeMartino by power of attorney for Michael J. Christenson
Issuer symbol
EVC
Transactions as of
21 Jan 2025
Transactions value $
$0
Form type
4
Filing time
07 Apr 2025, 17:00:10 UTC
Previous filing
07 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVC Class A common stock Award $0 +960,000 +68.5% $0.000000 2,362,170 21 Jan 2025 Direct F1, F2

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 +745,000 +74.5% $0.000000 1,745,000 21 Jan 2025 Class A common stock 745,000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of 960,000 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 1,960,000 restricted stock units and 402,170 shares of Class A common stock.
F3 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.