Michael J. Christenson - 01 Jul 2023 Form 4 Insider Report for ENTRAVISION COMMUNICATIONS CORP (EVC)

Role: Chief Executive Officer
Signature: /s/ Jeffrey C. DeMartino, by power of attorney for Michael J. Christenson
Issuer symbol: EVC
Transactions as of: 01 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Jul 2023, 07:00:05 UTC
Previous filing: 06 Dec 2021
Next filing: 09 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EVC	Class A common stock	Award	$0	+1,000,000		$0.000000	1,000,000	01 Jul 2023	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	+1,000,000		$0.000000	1,000,000	01 Jul 2023	Class A common stock	1,000,000		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 1,000,000 restricted stock units that vest as follows: (i) 20% on July 1, 2024; and (ii) the remaining 80% in eight equal semi-annual installments, with the first installment vesting six months after July 1, 2024 and the last installment vesting on July 1, 2028.
F2	Includes 1,000,000 restricted stock units.
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 over five years on the same timing as the restricted stock units described in footnote 1, and (ii) a market-based vesting condition based on total shareholder return hurdles in five equal tranches.