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ENTRAVISION COMMUNICATIONS CORP Director's Dealing 2023

Jul 3, 2023

33642_dirs_2023-07-03_6eb6dd49-8d08-4355-b21f-46bf0083bf5b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTRAVISION COMMUNICATIONS CORP (NYSE:EVC)
CIK: 0001109116
Period of Report: 2023-07-01

Reporting Person: Christenson Michael J (Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-01 Class A common stock A 1000000 $0.00 Acquired 1000000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-07-01 Performance Units $ A 1000000 Acquired 2028-07-01 Class A common stock (1000000) Direct

Footnotes

F1: Represents an award of 1,000,000 restricted stock units that vest as follows: (i) 20% on July 1, 2024; and (ii) the remaining 80% in eight equal semi-annual installments, with the first installment vesting six months after July 1, 2024 and the last installment vesting on July 1, 2028.

F2: Includes 1,000,000 restricted stock units.

F3: Each Performance Unit represents a contingent right to receive one share of the Company's Class A common stock upon vesting. The Performance Units vest by a combination of both (i) time-based vesting over five years on the same timing as the restricted stock units described in footnote 1, and (ii) a market-based vesting condition based on total shareholder return hurdles in five equal tranches.