Filing Details

Accession Number:
0000950157-22-000442
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-04-15 17:27:04
Reporting Period:
2022-04-13
Accepted Time:
2022-04-15 17:27:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1400891 Iheartmedia Inc. IHRT Radio Broadcasting Stations (4832) 260241222
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1843670 Ltd Investments Entertainment & Media Global Bldg. 2 W. Bus. Ctr. Mt. Plsnt. Vlg.
W. Rd Sp 63131
Nassau C5 00000
No No No No
1900825 Simon Groom 24 Boulevard Princesse Charlotte
Monaco O9 98000
No No No No
1900899 Trust Investments Entertainment & Media Global 24 Boulevard Princesse Charlotte
Monaco O9 98000
No No No No
1901348 Michael Tabor 24 Boulevard Princesse Charlotte
Monaco O9 98000
No No No No
1901768 W. James Hill 24 Boulevard Princesse Charlotte
Monaco O9 98000
No No No 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 2022-04-13 453,496 $18.79 12,557,692 No 4 P Direct
Class A Common Stock Acquisiton 2022-04-13 453,496 $18.79 12,557,692 No 4 P Indirect By The Global Media & Entertainment Investments Trust
Class A Common Stock Acquisiton 2022-04-13 453,496 $18.79 12,557,692 No 4 P Indirect By Michael Tabor as beneficiary of The Global Media & Entertainment Investments Trust
Class A Common Stock Acquisiton 2022-04-14 849,446 $19.05 13,407,138 No 4 P Direct
Class A Common Stock Acquisiton 2022-04-14 849,446 $19.05 13,407,138 No 4 P Indirect By The Global Media & Entertainment Investments Trust
Class A Common Stock Acquisiton 2022-04-14 849,446 $19.05 13,407,138 No 4 P Indirect By Michael Tabor as beneficiary of The Global Media & Entertainment Investments Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect By The Global Media & Entertainment Investments Trust
No 4 P Indirect By Michael Tabor as beneficiary of The Global Media & Entertainment Investments Trust
No 4 P Direct
No 4 P Indirect By The Global Media & Entertainment Investments Trust
No 4 P Indirect By Michael Tabor as beneficiary of The Global Media & Entertainment Investments Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
No Securities Are Beneficially Owned By Simon Groom 0 Direct
No Securities Are Beneficially Owned By James Hill 0 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.66 to $18.90, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares of Class A common stock purchased at each separate price within the range set forth in footnotes (1) and (2) to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.58 to $19.25, inclusive.
  3. The Global Media & Entertainment Investments Trust (the "Trust") is the sole stockholder of Global Media & Entertainment Investments Ltd ("GMEI") and may be deemed to indirectly beneficially own the shares owned directly by GMEI.
  4. Michael Tabor is the beneficiary of the Trust and may be deemed to indirectly beneficially own the shares directly owned by GMEI.
  5. Simon Groom, as a trustee of the Trust, does not have a pecuniary interest in the shares directly owned by GMEI and as such is not a beneficial owner for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
  6. James Hill, as a trustee of the Trust, does not have a pecuniary interest in the shares directly owned by GMEI and as such is not a beneficial owner for purposes of Section 16 of the Exchange Act.
  7. The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any securities reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any.