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ENTRAVISION COMMUNICATIONS CORP — Director's Dealing 2024
Feb 7, 2024
33642_dirs_2024-02-07_13e26136-8185-4484-91d1-a932c25b134e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ENTRAVISION COMMUNICATIONS CORP (EVC)
CIK: 0001109116
Period of Report: 2024-01-25
Reporting Person: Saldivar von Wuthenau Juan (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-25 | Class A common stock | A | 100000 | — | Acquired | 665848 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-25 | Performance Units | $ | A | 100000 | Acquired | 2029-01-25 | Class A common stock (100000) | Direct |
Footnotes
F1: Represents an award of 100,000 restricted stock units that vests as follows: (i) 25% on December 20, 2024; (ii) 25% on December 20, 2025; (iii) 25% on December 20, 2026; and (iv) 25% on December 20, 2027.
F2: Includes 413,350 restricted stock units. The reporting person also has direct ownership of 252,498 shares of Class A common stock.
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, with 20% vesting on January 25, 2025 and 10% vesting every six months thereafter in eight equal installments, and (ii) a market-based vesting condition based on total shareholder return hurdles in four equal tranches.