Sec Form 4 Filing - BAIN CAPITAL INVESTORS LLC @ iHeartMedia, Inc. - 2019-05-01

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person BAIN CAPITAL INVESTORS LLC 2. Issuer Name and Ticker or Trading Symbol iHeartMedia, Inc. [ IHRT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O BAIN CAPITAL PRIVATE EQUITY, LP, 200 CLARENDON STREET 3. Date of Earliest Transaction (MM/DD/YY) 05/01/2019 (Street) BOSTON, MA02116 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock, par value $0.001 per share 05/01/2019 A( 1 )( 3 ) 310,750.5 ( 4 ) A 310,750.5 ( 4 ) I See footnotes ( 7 ) ( 8 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Class B Common Stock, $0.001 par value per share ( 9 ) 05/01/2019 D( 1 )( 2 ) 277,778 ( 2 ) ( 5 ) ( 9 ) ( 9 ) Class A Common Stock 277,778 ( 2 ) 0 I See footnote ( 7 ) Class C Common Stock, $0.001 par value per share ( 9 ) 05/01/2019 D( 1 )( 2 ) 29,483,751 ( 2 ) ( 6 ) ( 9 ) ( 9 ) Class A Common Stock 29,483,751 ( 2 ) 0 I See footnote ( 8 ) Warrants $ 0.001 05/01/2019 A( 1 )( 3 ) 225,562 ( 3 ) ( 10 ) ( 11 ) ( 11 ) Class A Common Stock or Class B Common Stock 225,562 ( 3 ) 225,562 I See footnotes ( 7 ) ( 8 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BAIN CAPITAL INVESTORS LLC C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X Bain Capital (CC) IX, L.P. C/O BAIN CAPITAL PARTNERS LLC 111 HUNTINGTON AVE. BOSTON, MA02199 X X BCIP Associates-G C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X BAIN CAPITAL FUND IX L P C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X Bain Capital (CC) IX Offshore, L.P. C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X Bain Capital Fund IX, LLC C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X BCIP Associates III C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X BCIP Associates III-B C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X BCIP Associates III, LLC C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X BCIP Trust Associates III C/O BAIN CAPITAL PRIVATE EQUITY, LP 200 CLARENDON STREET BOSTON, MA02116 X X Signatures Bain Capital Investors, LLC, By: /s/ John Connaughton, Name: John Connaughton, Title: Managing Director 05/03/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )See Exhibit 99.1 for text of footnote (1). ( 2 )See Exhibit 99.1 for text of footnote (2). ( 3 )See Exhibit 99.1 for text of footnote (3). ( 4 )See Exhibit 99.1 for text of footnote (4). ( 5 )See Exhibit 99.1 for text of footnote (5). ( 6 )See Exhibit 99.1 for text of footnote (6). ( 7 )See Exhibit 99.1 for text of footnote (7). ( 8 )See Exhibit 99.1 for text of footnote (8). ( 9 )See Exhibit 99.1 for text of footnote (9). ( 10 )See Exhibit 99.1 for text of footnote (10). ( 11 )See Exhibit 99.1 for text of footnote (11).

Remarks: Exhibit 99.1 and Exhibit 99.2 (Joint Filer Information) are incorporated herein by reference. This Form 4 is the first of three Form 4s filed relating to the same event. The Form 4 has been split into three filings because there are more than 10 Reporting Persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 Reporting Persons.Form 1 of 3

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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