SEC Form 4/A · accession 0001400891-16-000088
iHeartMedia, Inc. · IHRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 25, 2015 | P | 200 | $4.50 | A | 550,200 | D | |
| Class A Common Stock | Mar 27, 2015 | P | 200 | $4.69 | A | 550,400 | D | |
| Class A Common StockF2 | holding | — | — | — | 706,215 | I | By Pittman CC, LLC |
Table II — derivative securities
Explanation of responses
- F1The reported transaction was made pursuant to a Rule 10b5-1 plan adopted on March 11, 2015.
- F2The reported item represents shares of Class A Common Stock beneficially owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Remarks
On March 27, 2015, the reporting person filed a Form 4 that inadvertently overstated the number of shares of Class A common stock directly beneficially owned by the reporting person in Column 5 of Table I by 378,000 shares. This amendment is being filed to correct the number of shares reported in Column 5. All of the Forms 4 filed by the reporting person between March 27, 2015 and August 21, 2015 similarly overstated the total number of shares directly beneficially owned by the reporting person in Column 5 by 378,000 shares and should be deemed amended by the filing of this amendment. As of the filing of this amendment, the reporting person directly beneficially owns 653,983 shares of Class A common stock, including 500,000 restricted shares of Class A common stock, of which 50,000 vest on October 15, 2017, 100,000 vest in equal installments on December 31, 2017 and December 31, 2018 and 350,000 are subject to performance vesting (none of which have vested as of the date of this amendment).