Company: IHETW
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001400891-25-000022
Chunk: 57

Company: iHeartMedia, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 57
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,800,000 |     | $               | 7,936,000 |     |   |           |     | $                                         | 2,882,203 |     | $                         |          — |     | $     | 12,618,203 |
| 2023                                                                 |     |    $ | 1,800,000 |     | $      | 8,000,000 |     |                 |           |     | $ | 3,814,745 |     | $                                         |         — |     | $                         | 13,614,745 |     |       |            |
| Michael B. McGuinness                                                
 Executive Vice President, Finance and Deputy Chief Financial Officer |     | 2024 |           |     | $      |   925,000 |     | $               |   868,000 |     |   |           |     | $                                         | 1,805,507 |     | $                         |          — |     | $     |  3,598,507 |
| 2023                                                                 |     |    $ |   850,000 |     | $      |   994,057 |     |                 |           |     | $ | 1,000,774 |     | $                                         |         — |     | $                         |  2,844,831 |     |       |            |

(a) The amounts shown represent the full grant date fair value of RSUs and PSUs awarded to the executive by iHeartMedia, computed in accordance with the requirements of ASC Topic 718, but excluding any impact of estimated forfeiture rates as required by SEC regulations. The grant date fair value of RSUs is based on the closing stock price of our stock on the applicable grant date.

With respect to the PSUs granted in 2024, the number of PSUs that are eligible to vest will be determined based on the measurement of Adjusted EBITDA, Cost Savings, Relative TSR and Debt metrics as described in more detail in the " Executive Compensation—Long-Term Incentive Compensation—Performance Stock Units " section above. As noted above, in consideration of share usage, a portion of the equity-based compensation value for Messrs. Pittman, Bressler and McGuinness will be cash-settled.

The grant date fair value of the PSUs included in the "Stock Awards" column above that are tied to the Adjusted EBITDA, Cost Savings and Debt metrics was calculated based on the probable