0001499832-23-000015.txt : 20230119 0001499832-23-000015.hdr.sgml : 20230119 20230119212838 ACCESSION NUMBER: 0001499832-23-000015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230118 FILED AS OF DATE: 20230119 DATE AS OF CHANGE: 20230119 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hellum Erik CENTRAL INDEX KEY: 0001613709 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36558 FILM NUMBER: 23538769 MAIL ADDRESS: STREET 1: C/O TOWNSQUARE MEDIA, INC. STREET 2: 1 MANHATTANVILLE ROAD, SUITE 202 CITY: PURCHASE STATE: NY ZIP: 10577 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Townsquare Media, Inc. CENTRAL INDEX KEY: 0001499832 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 271996555 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 MANHATTANVILLE ROAD, SUITE 202 CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 203-861-0900 MAIL ADDRESS: STREET 1: 1 MANHATTANVILLE ROAD, SUITE 202 CITY: PURCHASE STATE: NY ZIP: 10577 FORMER COMPANY: FORMER CONFORMED NAME: Townsquare Media, LLC DATE OF NAME CHANGE: 20100824 4 1 wf-form4_167418170314298.xml FORM 4 X0306 4 2023-01-18 0 0001499832 Townsquare Media, Inc. TSQ 0001613709 Hellum Erik C/O TOWNSQUARE MEDIA, INC. ONE MANHATTANVILLE ROAD SUITE 202 PURCHASE NY 10577 0 1 0 0 COO, Local Media Class A Common Units 2023-01-18 4 A 0 52980 0 A 559421 D Class A Common Units 2023-01-18 4 A 0 52980 0 A 612401 D The Reporting Person's time-based restricted stock units reported in this row will vest as to 33.33% on the first anniversary of the Grant Date, 33.33% on the second anniversary of the Grant Date, and 33.34% on the third anniversary of the Grant Date, in each case, subject to the Reporting Person's continued service through each applicable vesting date. The Reporting Person's performance-based restricted stock units reported in this row will vest subject to the achievement of a specified volume weighted average trading price ("VWAP") measured over the last 20 trading days of the performance period that begins on the Grant Date and ends on January 18, 2026, subject to the Reporting Person's continued service through the end of the performance period. Subject to the foregoing conditions, achievement of a VWAP of $8.74, $10.75 and $13.05, will result in the vesting of 17,660, 17,660 and 17,660 of the performance-based restricted stock units, respectively. Includes 74,711 shares of Class A common stock that are not subject to vesting or transfer restrictions and 431,730 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions. /s/**Allison Zolot as Attorney-in-Fact for Erik Hellum 2023-01-19