Filing Details

Accession Number:
0001567619-18-008138
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-12-17 17:21:16
Reporting Period:
2018-12-14
Accepted Time:
2018-12-17 17:21:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1400891 Iheartmedia Inc. IHRT () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1112443 Abrams Capital, Llc 222 Berkeley Street, 21St Floor
Boston MA 02116
No No Yes No
1165407 Abrams Capital Management, Llc 222 Berkeley Street, 21St Floor
Boston MA 02116
No No Yes No
1292250 C David Abrams 222 Berkeley Street, 21St Floor
Boston MA 02116
No No Yes No
1292420 Abrams Capital Partners Ii, L.p. 222 Berkeley Street, 21St Floor
Boston MA 02116
No No Yes No
1358706 Abrams Capital Management, L.p. 222 Berkeley Street, 21St Floor
Boston MA 02116
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2018-12-14 9,950,510 $0.16 16,761,917 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
Footnotes
  1. Shares reported herein as beneficially owned by Abrams Capital, LLC ("Abrams Capital") represent shares held for the account of private investment funds, including Abrams Capital Partners II, L.P. ("ACP II"), for which Abrams Capital serves as general partner. Shares reported herein for Abrams Capital Management, L.P. (the "LP") and Abrams Capital Management, LLC (the "LLC") represent shares beneficially owned by ACP II and shares beneficially owned by other private investment funds for which the LP serves as investment manager. The LLC is the general partner of the LP. Shares reported herein for Mr. Abrams represent the above referenced shares reported for Abrams Capital and the LLC. Mr. Abrams is the managing member of Abrams Capital and the LLC.
  2. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  3. All of the shares purchased on December 14, 2018 are held for the account of ACP II, and all of such shares may be deemed to have been beneficially owned by Mr. Abrams, Abrams Capital, the LP and the LLC. As of December 17, 2018, 14,456,097 of the shares reported herein are held for the account of ACPII, Abrams Capital may be deemed to beneficially own 15,473,367 of the shares reported herein, and Mr. Abrams, the LP and the LLC may be deemed to beneficially own all of such shares.