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