Sec Form 4 Filing - PITTMAN ROBERT W @ iHeartMedia, Inc. - 2015-06-04

Insider filing report for Changes in Beneficial Ownership
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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
PITTMAN ROBERT W
2. Issuer Name and Ticker or Trading Symbol
iHeartMedia, Inc. [ IHRT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O IHEARTMEDIA, INC., 200 E. BASSE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
06/04/2015
(Street)
SAN ANTONIO, TX78209
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 06/04/2015 P( 1 ) 1,075 A $ 7.5 989,064 ( 3 ) D
Class A Common Stock 06/05/2015 P( 1 ) 1,000 A $ 7.13 ( 2 ) 990,064 ( 3 ) D
Class A Common Stock 706,215 I By Pittman CC, LLC ( 4 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PITTMAN ROBERT W
C/O IHEARTMEDIA, INC.
200 E. BASSE ROAD
SAN ANTONIO, TX78209
X Chief Executive Officer
Signatures
/s/ Robert H Walls Jr., Attorney-in-Fact for Robert Pittman 06/05/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reported transaction was made pursuant to a Rule 10b5-1 plan adopted on May 4, 2015.
( 2 )Reflects the purchase of 1,000 shares of Class A Common Stock at the weighted average purchase price of $7.13. The prices for these shares range from $7.10 to $7.14.
( 3 )Includes 550,000 restricted shares of Class A Common Stock, of which 100,000 vest in equal installments on October 15, 2016 and October 15, 2017, 100,000 vest in equal installments on December 31, 2017 and December 31, 2018, and 350,000 are subject to performance vesting (none of which have vested as of the date of this report).
( 4 )The reported item represents shares of Class A Common Stock beneficially owned by Pittman CC, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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