SEC Form 4 · accession 0001062993-18-005091
iHeartMedia, Inc. · IHRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
HIGHFIELDS CAPITAL I LP
Director · 10% Owner
HIGHFIELDS CAPITAL II LP
Director · 10% Owner
HIGHFIELDS CAPITAL MANAGEMENT LP
Director · 10% Owner
HIGHFIELDS GP LLC
Director · 10% Owner
Highfields Associates LLC
Director · 10% Owner
Highfields Capital III L.P.
Director · 10% Owner
Period of report
Dec 14, 2018
Accepted (ET)
Dec 18, 2018 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001400891
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Dec 14, 2018 | S | 827,466 | $0.16 | D | 0 | D | |
| Class A Common StockF2 | Dec 14, 2018 | S | 2,820,796 | $0.16 | D | 0 | D | |
| Class A Common StockF3 | Dec 14, 2018 | S | 6,302,248 | $0.16 | D | 0 | D | |
| Class A Common StockF4 | Dec 14, 2018 | S$0 | 0 | $0.00 | D | 0 | I | See Footnote |
| Class A Common StockF5 | Dec 14, 2018 | S$0 | 0 | $0.00 | D | 0 | I | See Footnote |
| Class A Common StockF6 | Dec 14, 2018 | S$0 | 0 | $0.00 | D | 0 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold or are held, as applicable, directly by Highfields I LP.
- F2These shares were sold or are held, as applicable, directly by Highfields II LP.
- F3These shares were sold or are held, as applicable, directly by Highfields III L.P.
- F4Highfields Associates LLC is the general partner of each of Highfields Capital I LP, Highfields Capital II LP and Highfields Capital III L.P. (collectively, the "Funds") and disclaims beneficial ownership of the shares sold or held by the Funds except to the extent of any pecuniary interest it may have by virtue of its general partner interest in each of the Funds.
- F5Highfields Capital Management LP ("Highfields Capital Management") is the investment manager to each of the Funds. Highfields Capital Management reports no beneficial ownership of the shares sold or held by the Funds in reliance on the exclusion for asset-based fees under Rule 16a-1(a)(2).
- F6Highfields GP is the general partner of Highfields Capital Management and reports no beneficial ownership of the shares sold or held by the Funds arising from its general partner interest in Highfields Capital Management because Highfields Capital Management reports no beneficial ownership of the shares.