PRICE STEVEN bought TSQ
April 4, 2024 · Form 4 insider transaction
PRICE STEVEN bought 1,565,681 shares of Townsquare Media, Inc. at $8.74 per share, a transaction worth $13.68M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
1,565,681
Price
$8.74
Total value
$13.68M
InsiderPRICE STEVEN
Role—
CompanyTownsquare Media, Inc. (TSQ)
SecurityClass B Common Stock
Transaction codeM: Option exercise
Transaction dateApril 4, 2024
Filing dateApril 8, 2024
Shares owned after2,462,796
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The Options to Purchase Class A Common Stock reported in Table II were expiring shortly, and were exercised for cash as a "deemed" issuance of shares by the Issuer, followed by an immediate "deemed" reacquisition of such shares by the Issuer for fair market value. No Common Stock was actually issued in connection with this exercise.