Company: IHETW
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001400891-25-000022
Chunk: 72

Company: iHeartMedia, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 72
---
     | $ | -2,334,759 |     | $ | -1,310,868 |
| Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date                                |     |      |     |                      |     | $ |   -926,787 |     | $ |   -526,343 |
| Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End                                                                 |     |      |     |                      |     |   |          — |     |   |          — |
| Increase based on Dividends or Other Earnings Paid during Applicable FY prior to Vesting Date                                                                                                             |     |      |     |                      |     |   |          — |     |   |          — |
| Increase based on Incremental Fair Value of Options/SARs Modified during Applicable FY                                                                                                                    |     |      |     |                      |     |   |          — |     |   |          — |
| Total Adjustments                                                                                                                                                                                         |     |      |     |                      |     | $ | -4,557,546 |     | $ | -2,556,086 |

(1) The fair values of unvested and outstanding equity awards to our NEOs were remeasured as of the end of each fiscal year, and as of each vesting date, during the 2022, 2023 and 2024 fiscal years. Fair values as of each measurement date were determined using valuation assumptions and methodologies (including volatility, dividend yield, and risk-free interest rates) that are generally consistent with those used to estimate fair value at grant in accordance with ASC Topic 718. For stock options, the grant-date fair values were estimated using Black-Scholes. Subsequent valuations at the end of each fiscal year and as of each vest date are performed using a lattice model, as the latter provides a better estimate of options that are no longer at-the-money. For market-based restricted stock units, fair values were estimated using a Monte Carlo simulation model, using assumptions that are consistent with those used at grant. For other performance-based awards, the fair values reflect the probable outcome of the performance vesting conditions as of each measurement date.

<div align='center'>51</div>

Relationship between Financial Performance Measures

The graphs below compares the compensation actually paid to our PEO