0000899243-21-009444.txt : 20210303 0000899243-21-009444.hdr.sgml : 20210303 20210303173222 ACCESSION NUMBER: 0000899243-21-009444 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190501 FILED AS OF DATE: 20210303 DATE AS OF CHANGE: 20210303 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: 001-38987 FILM NUMBER: 21710729 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 CEO and Director Class A Common Stock, par value $0.001 per share 2019-05-01 4 A 0 21732 A 21732 I By Pittman CC, LLC Class A Common Stock, par value $0.001 per share 2021-03-02 4 P 0 13115 15.309 A 571496 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. (Continued from footnote 1) On the Effective Date, 706,215 shares of the Issuer's former Class A common stock owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person, were cancelled and extinguished, as disclosed on the Reporting Person's Form 4 filed on May 3, 2019, and 21,732 new shares of the Issuer's current Class A common stock, par value $0.001 per share were issued to Pitman CC, LLC on the Effective Date pursuant to the Plan. The receipt of the Class A common stock by Pitman CC, LLC was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court. 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. Exhibit List: Exhibit 24 - Power of Attorney /s/ Jordan Fasbender, as Attorney-in-Fact for Robert W. Pittman 2021-03-03 EX-24 2 attachment1.htm EX-24 DOCUMENT

                                                                      Exhibit 24

                          SECTION 16 POWER OF ATTORNEY

With respect to holdings of and transactions in securities issued by iHeartMedia
, Inc.(the "Company"), the undersigned hereby constitutes and appoints the
officers of the Company listed on Schedule A attached hereto and as may be
amended from time to time, or any of them signing singly, with full power of
substitution and resubstitution, to act as the undersigned's true and lawful
attorney-in-fact to:

1.   execute for and on behalf of the undersigned, Forms 3, 4, and 5 in
accordance with Section 16 of the Securities Exchange Act of 1934, as amended,
and the rules thereunder;

2.   do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Form 3, 4, or 5,
complete and execute any amendment or amendments thereto, and timely file such
form with the United States Securities and Exchange Commission and any stock
exchange or similar authority; and

3.   take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney- in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in the
discretion of such attorney-in- fact.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution and
resubstitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted.

The undersigned acknowledges that the attorneys-in-fact, in serving in such
capacity at the request of the undersigned, are not assuming, nor is any Company
assuming, any of the undersigned's responsibilities to comply with Section 16 of
the Securities Exchange Act of 1934, as amended.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 10th day of March, 2020.

                                  /s/ Robert W. Pittman
                                  ---------------------
                                  Robert W. Pittman


                                   Schedule A

Individuals Appointed as Attorney-in-Fact with Full Power of Substitution and
Resubstitution


1. Jordan Fasbender        Executive Vice President, General Counsel & Secretary
2. Paul McNicol            Executive Vice President & Assistant Secretary