April 4, 2024 · Form 4 insider transaction
PRICE STEVEN sold 1,565,681 shares of Townsquare Media, Inc. at $12.36 per share, a transaction worth $19.35M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
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.; Includes 631,272 shares of Class B common stock that are not subject to vesting or transfer restrictions and 265,843 options to purchase Class B common stock that are fully vested and not subject to transfer restrictions.