John David Crowley - 10 May 2022 Form 4 Insider Report for AUDACY, INC.

Role: EVP & Chief Digital Officer
Signature: John David Crowley by /s/ Andrew P. Sutor, IV, Authorized Signatory
Issuer symbol: N/A
Transactions as of: 10 May 2022
Net transactions value: $0
Form type: 4
Filing time: 11 May 2022, 17:27:54 UTC
Previous filing: 04 Apr 2022
Next filing: 30 Nov 2022
SEC: View on sec.gov

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	Award	$0	+27,500	+8.1%	$0.000000	368,752	10 May 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares represent restricted stock units subject to time-based vesting, as described in the grant instrument. While this grant was approved by the Issuer on December 1, 2021 (in connection with the Issuer's 2021 annual equity grant program), such grant was subject to the Issuer's shareholders approving a new equity compensation plan at the 2022 annual meeting of shareholders, which occurred on May 10, 2022.

Content

These shares represent restricted stock units subject to time-based vesting, as described in the grant instrument. While this grant was approved by the Issuer on December 1, 2021 (in connection with the Issuer's 2021 annual equity grant program), such grant was subject to the Issuer's shareholders approving a new equity compensation plan at the 2022 annual meeting of shareholders, which occurred on May 10, 2022.