0001499832-24-000023.txt : 20240119
0001499832-24-000023.hdr.sgml : 20240119
20240119174154
ACCESSION NUMBER: 0001499832-24-000023
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240117
FILED AS OF DATE: 20240119
DATE AS OF CHANGE: 20240119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WORSHEK ROBERT L.
CENTRAL INDEX KEY: 0001615308
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36558
FILM NUMBER: 24546580
MAIL ADDRESS:
STREET 1: 245 FREIGHT STREET
CITY: WATERBURY
STATE: CT
ZIP: 06702
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Townsquare Media, Inc.
CENTRAL INDEX KEY: 0001499832
STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832]
ORGANIZATION NAME: 06 Technology
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
wk-form4_1705704105.xml
FORM 4
X0508
4
2024-01-17
0
0001499832
Townsquare Media, Inc.
TSQ
0001615308
WORSHEK ROBERT L.
ONE MANHATTANVILLE ROAD
SUITE 202
PURCHASE
NY
10577
0
1
0
0
SVP, Chief Accounting Officer
0
Option to Purchase Class A Common Stock
10.50
2024-01-17
4
A
0
68093
0
A
2034-01-17
Class A Common Stock
68093
193093
D
Option to Purchase Class A Common Stock
10.50
2024-01-17
4
A
0
73738
0
A
2034-01-17
Class A Common Stock
73738
266831
D
The Reporting Person's time-based options 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 options reported in this row will vest and become exercisable subject to the achievement of a specified volume weighted average trading price ("VWAP") over a period of 20 consecutive trading days, in each case subject to the achievement of such VWAP during the period beginning on the Grant Date and ending on the third anniversary of the Grant Date, and the Reporting Person's continued service through each vesting date. Subject to the foregoing conditions, achievement of a VWAP of $12.40, $14.40, and $16.40, will result in the vesting of 23,425, 24,611, and 25,702 options, respectively.
Includes 47,500 options to purchase Class A common stock that are fully vested and not subject to transfer restrictions.
/s/ Robert L. Worshek
2024-01-19