0000899243-19-012090.txt : 20190503
0000899243-19-012090.hdr.sgml : 20190503
20190503195408
ACCESSION NUMBER: 0000899243-19-012090
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190501
FILED AS OF DATE: 20190503
DATE AS OF CHANGE: 20190503
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PITTMAN ROBERT W
CENTRAL INDEX KEY: 0001128482
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-53354
FILM NUMBER: 19797809
MAIL ADDRESS:
STREET 1: C/O CENDANT
STREET 2: 9 WEST 57TH ST
CITY: NEW YORK
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: iHeartMedia, Inc.
CENTRAL INDEX KEY: 0001400891
STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832]
IRS NUMBER: 260241222
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 20880 STONE OAK PARKWAY
CITY: SAN ANTONIO
STATE: TX
ZIP: 78258
BUSINESS PHONE: 210-822-2828
MAIL ADDRESS:
STREET 1: 20880 STONE OAK PARKWAY
CITY: SAN ANTONIO
STATE: TX
ZIP: 78258
FORMER COMPANY:
FORMER CONFORMED NAME: CC Media Holdings Inc
DATE OF NAME CHANGE: 20090721
FORMER COMPANY:
FORMER CONFORMED NAME: C C Media Holdings Inc
DATE OF NAME CHANGE: 20070730
FORMER COMPANY:
FORMER CONFORMED NAME: BT Triple Crown Capital Holdings III, Inc.
DATE OF NAME CHANGE: 20070524
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-05-01
0
0001400891
iHeartMedia, Inc.
IHRT
0001128482
PITTMAN ROBERT W
20880 STONE OAK PARKWAY
SAN ANTONIO
TX
78258
1
1
0
0
See Remarks
Class A Common Stock, par value $0.001 per share
2019-05-01
4
D
0
1360198
D
0
D
Class A Common Stock, par value $0.001 per share
2019-05-01
4
D
0
706215
D
0
I
Pittman CC, LLC
Class A Common Stock, par value $0.001 per share
2019-05-01
4
A
0
31086
A
31086
D
Employee Stock Option
36.00
2019-05-01
4
D
0
630000
D
2021-10-02
Class A Common Stock
630000
0
D
On March 14, 2018, iHeartMedia, Inc. (the "Issuer") and certain of its direct and indirect domestic subsidiaries (collectively, the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On January 22, 2019, the Bankruptcy Court entered an order confirming the Debtors' Modified Fifth Amended Joint Chapter 11 Plan of Reorganization (as amended, modified or supplemented from time to time, the "Plan"), and on May 1, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.
On the Effective Date, all outstanding shares of the Issuer's capital stock, including the Class A common stock, par value $0.001 per share ("Old Class A Common Stock"), and all equity awards with respect to Old Class A Common Stock, were cancelled and extinguished pursuant to the Plan.
The reported item represents shares of Class A Common Stock beneficially owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
New shares of the Issuer's Class A common stock, par value $0.001 per share (the "New Class A Common Stock") were issued to the Reporting Person on the Effective Date pursuant to the Plan. The receipt of the New Class A Common Stock by the Reporting Person was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court.
This option was vested and exercisable..
Chief Executive Officer and Director
/s/ Lauren E. Dean by Power of Attorney
2019-05-03