Global Media & Entertainment Investments Ltd's Form 4 filing
iHeartMedia, Inc.IHRT · filed Apr 27, 2022
- Accession no.
- 0000950157-22-000481
- Filed
- Apr 27, 2022, 6:53 PM ET
- Trade date
- Apr 25-27, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 9 non-derivative transactions. Open-market purchases total $49.1M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Global Media & Entertainment Investments LtdCIK 0001843670 | 10% Owner |
| Groom SimonCIK 0001900825 | 10% Owner |
| Global Media & Entertainment Investments TrustCIK 0001900899 | 10% Owner |
| Tabor MichaelCIK 0001901348 | 10% Owner |
| Hill James W.CIK 0001901768 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 25, 2022 | Class A common stock | PPurchaseAcquired | +619,937 | $17.74F1 | +$10,995,760.58 | 14,027,075 | Direct | |
| Apr 25, 2022 | Class A common stock | PPurchaseAcquired | +619,937 | $17.74F1 | +$10,995,760.58 | 14,027,075 | Indirect | |
| Apr 25, 2022 | Class A common stock | PPurchaseAcquired | +619,937 | $17.74F1 | +$10,995,760.58 | 14,027,075 | Indirect | |
| Apr 26, 2022 | Class A common stock | PPurchaseAcquired | +304,925 | $16.77F2 | +$5,113,683.73 | 14,332,000 | Direct | |
| Apr 26, 2022 | Class A common stock | PPurchaseAcquired | +304,925 | $16.77F2 | +$5,113,683.73 | 14,332,000 | Indirect | |
| Apr 26, 2022 | Class A common stock | PPurchaseAcquired | +304,925 | $16.77F2 | +$5,113,683.73 | 14,332,000 | Indirect | |
| Apr 27, 2022 | Class A common stock | PPurchaseAcquired | +17,342 | $15.58F3 | +$270,153.68 | 14,349,342 | Direct | |
| Apr 27, 2022 | Class A common stock | PPurchaseAcquired | +17,342 | $15.58F3 | +$270,153.68 | 14,349,342 | Indirect | |
| Apr 27, 2022 | Class A common stock | PPurchaseAcquired | +17,342 | $15.58F3 | +$270,153.68 | 14,349,342 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.25 to $17.90, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares of Class A common stock purchased at each separate price within the range set forth in footnotes (1), (2) and (3) to this Form 4.
Referenced by the price of 3 transactions in Table I.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.63 to $16.80, inclusive.
Referenced by the price of 3 transactions in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.51 to $15.60, inclusive.
Referenced by the price of 3 transactions in Table I.
Remarks
Exhibit List: Exhibit 24.1 - Power of Attorney for GMEI (incorporated by reference from Exhibit 24 to the Reporting Persons' Form 3 dated April 15, 2022 and filed with the SEC on April 15, 2022); Exhibit 24.2 - Power of Attorney for The GMEI Trust (incorporated by reference from Exhibit 24 to the Reporting Persons' Form 3 dated April 15, 2022 and filed with the SEC on April 15, 2022); Exhibit 24.3 - Power of Attorney for Mr. Groom (incorporated by reference from Exhibit 24 to the Reporting Persons' Form 3 dated April 15, 2022 and filed with the SEC on April 15, 2022); Exhibit 24.4 - Power of Attorney for Mr. Hill (incorporated by reference from Exhibit 24 to the Reporting Persons' Form 3 dated April 15, 2022 and filed with the SEC on April 15, 2022); Exhibit 24.5 - Power of Attorney for Mr. Tabor (incorporated by reference from Exhibit 24 to the Reporting Persons' Form 3 dated April 15, 2022 and filed with the SEC on April 15, 2022)