Lopez-Balboa Francisco J 4
4 · CUMULUS MEDIA INC · Filed Mar 25, 2020
Insider Transaction Report
Form 4
Lopez-Balboa Francisco J
See Remarks
Transactions
- Award
Stock Options (right to buy)
2020-03-23+60,000→ 60,000 totalExercise: $4.50Exp: 2020-03-23→ Class A Common Stock (60,000 underlying) - Award
Class A Common Stock, par value $0.0000001 per share
2020-03-23+30,000→ 30,000 total
Footnotes (2)
- [F1]Represents grant of time-based restricted stock units granted on March 23, 2020, which vest 25% each year on the grant anniversary date over the four-year period following the grant date. Each restricted stock unit represents a right to receive one share of Class A common stock.
- [F2]Represents grant of stock options granted on March 23, 2020, which vest 25% each year on the grant anniversary date over the four-year period following the grant date.