0000950103-15-003954.txt : 20150515
0000950103-15-003954.hdr.sgml : 20150515
20150515171207
ACCESSION NUMBER: 0000950103-15-003954
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150513
FILED AS OF DATE: 20150515
DATE AS OF CHANGE: 20150515
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CUMULUS MEDIA INC
CENTRAL INDEX KEY: 0001058623
STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832]
IRS NUMBER: 364159663
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3280 PEACHTREE ROAD N.W.
STREET 2: SUITE 2300
CITY: ATLANTA
STATE: GA
ZIP: 30305
BUSINESS PHONE: 4049490700
MAIL ADDRESS:
STREET 1: 3280 PEACHTREE ROAD N.W.
STREET 2: SUITE 2300
CITY: ATLANTA
STATE: GA
ZIP: 30305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cassidy Brian P
CENTRAL INDEX KEY: 0001608356
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24525
FILM NUMBER: 15870822
MAIL ADDRESS:
STREET 1: C/O CRESTVIEW ADVISORS, L.L.C.
STREET 2: 667 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10017
4
1
dp56278_4-cassidy.xml
FORM 4
X0306
4
2015-05-13
0
0001058623
CUMULUS MEDIA INC
CMLS
0001608356
Cassidy Brian P
C/O CRESTVIEW ADVISORS, L.L.C.
667 MADISON AVENUE, 10TH FLOOR
NEW YORK
NY
10065
1
0
0
0
Class A Common Stock, par value $0.01 per share
2015-05-13
4
P
0
0
0
A
0
I
See Footnote
Class A Common Stock, par value $0.01 per share
2015-05-14
4
A
0
40486
0
A
56038
D
On May 13, 2015, Crestview Radio Investors, LLC purchased 400,000 shares of Class A Common Stock ("Common Stock"), at a price per share of $2.3959. After such purchase, Crestview Radio Investors, LLC directly beneficially owns 61,842,484 shares of Common Stock and 7,815,553 warrants. Each of Crestview Partners II, L.P., Crestview Partners II (TE), L.P., Crestview Partners II (FF), L.P., Crestview Offshore Holdings II (Cayman), L.P., Crestview Offshore Holdings II (FF Cayman), L.P., Crestview Offshore Holdings II (892 Cayman), L.P. and Crestview Partners II GP, L.P. may be deemed to have beneficial ownership of the 61,842,484 shares of Common Stock and 7,815,553 warrants directly owned by Crestview Radio Investors, LLC.
Crestview Partners II GP, L.P. is the general partner of Crestview Partners II, L.P., Crestview Partners II (FF), L.P., Crestview Partners II (TE), L.P., Crestview Offshore Holdings II (Cayman), L.P., Crestview Offshore Holdings II (FF Cayman), L.P. and Crestview Offshore Holdings II (892 Cayman), L.P., each of which is a member of Crestview Radio Investors, LLC. The reporting person is a partner of Crestview, L.L.C. (which is the general partner of Crestview Partners II GP, L.P.) and a partner of Crestview Advisors, L.L.C., which provides investment advisory and management services to certain of the foregoing entities. Crestview Advisors, L.L.C. is the direct beneficial owner of 55,044 shares of Common Stock.
The reporting person disclaims beneficial ownership of the securities beneficially owned by Crestview Radio Investors, LLC and Crestview Advisors, L.L.C. except to the extent of his pecuniary interest therein.
The reported securities will fully vest on May 14, 2016, the first anniversary of the date of grant. The reporting person is a member of the board of directors of the issuer and is a partner of Crestview Advisors, L.L.C., which provides investment advisory services to Crestview Radio Investors, LLC. The reporting person has agreed that, in connection with the vesting of the securities, the reporting person will assign all rights, title and interest in the securities to Crestview Advisors, L.L.C. The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
This amount includes 15,552 restricted shares of Common Stock, which will fully vest on May 22, 2015, the first anniversary of the date of grant. As previously reported, the reporting person has agreed that, in connection with the vesting of the securities, the reporting person will assign all rights, title and interest in the securities to Crestview Advisors, L.L.C. The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
/s/ Ross A. Oliver, as Attorney-in-Fact
2015-05-15