SEC Form 4 · accession 0001209191-17-023881
CUMULUS MEDIA INC · CMIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suzanne M Grimes
Officer — EVP/Corporate Marketing
Period of report
Jan 6, 2016
Accepted (ET)
Mar 31, 2017 · 4:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058623
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $2.48 | Jan 6, 2016 | A | 25,000 | A | — | Jan 6, 2026 | Class A Stock, $.01 par value | 25,000 | 25,000 | D |
| Employee Stock Option (right to buy)F1 | $0.97 | Jan 23, 2017 | A | 25,000 | A | — | Jan 23, 2027 | Class A Stock, $.01 par value | 25,000 | 25,000 | D |
Explanation of responses
- F1The option vests on each of the first four anniversaries of the date of grant, with 30% of the award vesting on each of the first two anniversaries thereof, and 20% of the award vesting on each of the next two anniversaries thereof.