David Lebow - 29 Aug 2023 Form 4 Insider Report for Townsquare Media, Inc. (TSQ)

Role
Director
Signature
/s/**Allison Zolot as Attorney-in-Fact for David Lebow
Issuer symbol
TSQ
Transactions as of
29 Aug 2023
Transactions value $
$1,417
Form type
4
Filing time
31 Aug 2023, 17:05:00 UTC
Previous filing
29 Aug 2023
Next filing
19 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSQ Class A Common Stock Options Exercise $48.3K +5.53K +6.94% $8.74 85.2K 29 Aug 2023 Direct
transaction TSQ Class A Common Stock Sale -$51.4K -5.53K -6.49% $9.30 79.7K 29 Aug 2023 Direct F1
transaction TSQ Class A Common Stock Options Exercise $3.81K +436 +0.55% $8.74 79.7K 29 Aug 2023 Direct
transaction TSQ Class A Common Stock Options Exercise $47.7K +5.46K +7.35% $8.74 79.7K 30 Aug 2023 Direct
transaction TSQ Class A Common Stock Sale -$51.4K -5.46K -6.85% $9.42 74.2K 30 Aug 2023 Direct F2
transaction TSQ Class A Common Stock Options Exercise $4.41K +505 +0.69% $8.74 74.2K 30 Aug 2023 Direct 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 TSQ Options to Purchase Class A Common Stock Options Exercise $0 -5.53K -25.22% $0.00 16.4K 29 Aug 2023 Class A Common Stock 5.53K $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -436 -2.66% $0.00 16K 29 Aug 2023 Class A Common Stock 436 $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -5.46K -34.19% $0.00 10.5K 30 Aug 2023 Class A Common Stock 5.46K $8.74 Direct F4, F5
transaction TSQ Options to Purchase Class A Common Stock Options Exercise $0 -505 -4.81% $0.00 10K 30 Aug 2023 Class A Common Stock 505 $8.74 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.21 to $9.39. The Reporting Person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.36 to $9.47. The Reporting Person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Includes: i) 51,989 shares of Class A common stock that are not subject to vesting or transfer restrictions and ii) 5,000 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
F4 All of the shares subject to this option are fully vested and exercisable as of the date hereof.
F5 Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.