SEC Form 4 · accession 0001209191-18-036314
CUMULUS MEDIA INC · CMIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary G. Berner
Officer — Chief Executive Officer · Director
Period of report
Jun 5, 2018
Accepted (ET)
Jun 7, 2018 · 3:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058623
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.0000001 per shareF1 | Jun 5, 2018 | A | 84,791 | $0.00 | A | 84,791 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $25.70 | Jun 5, 2018 | A | 169,583 | A | — | Jun 5, 2023 | Class A Common Stock | 169,583 | 169,583 | D |
Explanation of responses
- F1Represents grant of restricted stock, 30% of which vest on each of June 5, 2019 and June 5, 2020, and 20% of which vest on each of June 5, 2021 and June 5, 2022.
- F2Represents grant of stock options, 30% of which vest on each of June 5, 2019 and June 5, 2020, and 20% of which vest on each of June 5, 2021 and June 5, 2022.