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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.