Robert J. Walker - 26 Feb 2024 Form 4 Insider Report for CUMULUS MEDIA INC (CMLS)

Role
President - Operations
Signature
/s/ Richard S. Denning, Attorney-In-Fact
Issuer symbol
CMLS
Transactions as of
26 Feb 2024
Transactions value $
$0
Form type
4
Filing time
28 Feb 2024, 15:18:13 UTC
Previous filing
21 Feb 2024
Next filing
25 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMLS Class A Common Stock, par value $0.0000001 per share Award $0 +8.93K +4.68% $0.00 200K 26 Feb 2024 Direct F1
transaction CMLS Class A Common Stock, par value $0.0000001 per share Tax liability $0 -3.47K -1.74% $0.00 197K 26 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents 1,500 vested performance-based restricted stock units awarded on February 13, 2020, 1,612 vested performance-based restricted stock units awarded on February 5, 2021, 3,892 vested performance-based restricted stock units awarded on February 3, 2022, and 1,929 vested performance-based restricted stock units awarded on March 3, 2023.
F2 Shares withheld to cover the tax withholding obligation due to the vesting of performance-based restricted stock units.