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Worshek Robert L.'s Form 4 filing

Townsquare Media, Inc. (TSQ) · filed May 28, 2024

Accession no.
0001499832-24-000087
Filed
May 28, 2024
Trade date
May 23-24, 2024
Filing delay
5 days
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $271.6K. It was filed 5 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.

Reporting owners on this filing
OwnerRelationship to the company
Worshek Robert L.CIK 0001615308Officer (SVP, Chief Accounting Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 23, 2024Class A Common StockMOption exerciseAcquired+15,980$10.50+$167,79074,077Direct
May 23, 2024Class A Common StockSSaleDisposed−15,980$11.06F1−$176,738.858,097Direct
May 24, 2024Class A Common StockMOption exerciseAcquired+8,597$10.50+$90,268.558,097Direct
May 24, 2024Class A Common StockSSaleDisposed−8,597$11.03F2−$94,824.9149,500Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
May 23, 2024Class A Common StockMOption exerciseDisposed−15,980$0.00F5$0250,851Direct
May 24, 2024Class A Common StockMOption exerciseDisposed−8,597$0.00F5$0242,254Direct

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 $11.00 to $11.14 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.

Referenced by the price of 1 transaction 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 $11.00 to $11.11 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.

Referenced by the price of 1 transaction in Table I.

F5

Column 8 has been intentionally left blank because the transaction was an exercise of a derivative security.

Referenced by the price of 2 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)