CMLS

SEC source: 0001209191-17-044171 · doc4.xml · derivative · entry 1

Grimes Suzanne M · CIK 0001563653 · EVP/Corporate Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Stock, $.01 par value · 50,000 shares

Expires 2027-01-23

F1 · derivative.exercise_price: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F2 · derivative.exercise_price: 25,000 of such options were exercisable at each of $2.48 and $0.97 per share.

F1 · shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F4 · price: As previously disclosed by the Company, on May 18, 2017, the Board of Directors of the Company approved and adopted a supplemental incentive plan for 2017 (the "SIP") for key members of senior management. In order to be eligible participants had to agree to the cancellation of all of their outstanding equity awards. The price is derived from the previously disclosed target bonus amount as stipulated in the SIP, divided by the number of options canceled.

F3 · derivative.exercise_date: 7,500 shares were currently vested and exercisable. The remaining 42,500 would have vested and become exercisable as follows: 7,500 on 1/6/2018, 7,500 on 1/23/2018, 5,000 on 1/6/2019, 7,500 on 1/23/2019, 5,000 on 1/6/2020, 5,000 on 1/23/2020 and 5,000 on 1/23/2021.

F1 · derivative.underlying_shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

SEC source: 0001209191-17-044168 · doc4.xml · derivative · entry 1

Denning Richard · CIK 0001514381 · SVP Secretary General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Stock, $.01 par value · 154,118 shares

Expires 2023-10-30

F1 · derivative.exercise_price: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F2 · derivative.exercise_price: 43,150 of the options were exercisable at a price of $47.36 per share, 107,875 were exercisable at a price of $34.72 per share and 1,031 of such options were exercisable at each of $20.32, $23.36 and $26.40 per share, respectively

F1 · shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F4 · price: As previously disclosed by the Company, on May 18, 2017, the Board of Directors of the Company approved and adopted a supplemental incentive plan for 2017 (the "SIP") for key members of senior management. In order to be eligible participants had to agree to the cancellation of all of their outstanding equity awards. The price is derived from the previously disclosed target bonus amount as stipulated in the SIP, divided by the number of options canceled.

F3 · derivative.exercise_date: 145,488 options were vested and exercisable. The remaining 8,630 options would have vested and become exercisable on 10/30/2017.

F1 · derivative.underlying_shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

SEC source: 0001209191-17-044165 · doc4.xml · derivative · entry 1

Berner Mary G. · CIK 0001642576 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock, $.01 par value · 500,000 shares

Expires 2025-10-13

F1 · derivative.exercise_price: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F2 · derivative.exercise_price: 250,000 of the options were exercisable at a price of $6.16 per share, and 62,500 of such options were exercisable at each of $16.00, $24.00, $32.00 and $40.00 per share, respectively.

F1 · shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F5 · price: As previously disclosed by the Company, on May 18, 2017, the Board of Directors of the Company approved and adopted a supplemental incentive plan for 2017 (the "SIP") for key members of senior management. In order to be eligible participants had to agree to the cancellation of all of their outstanding equity awards. The price is derived from the previously disclosed target bonus amount as stipulated in the SIP, divided by the number of options canceled.

F3 · derivative.exercise_date: Option consisted of time and performance based components.

F4 · derivative.exercise_date: Of the time based component, the option to purchase 75,000 of such shares vested and became exercisable on 10/13/16. The remainder of such component would have vested and become exercisable as follows: 75,000 shares on 10/13/17 and 50,000 shares on each of 10/13/18 and 10/13/19. The performance based component was divided into four equal performance tranches (62,500 shares per tranche). Each tranche vested, or would have vested, as applicable, pro rata on each of the first four anniversaries of 10/13/15, with 30% of the respective tranche on each of the first two anniversaries, and 20% of the respective tranche on each of the next two anniversaries. The tranches would have become exercisable if following vesting the volume-weighted average closing price of the Company's Class A Common Stock for each 30 consecutive trading days ending with the date of determination was $16.00, $24.00, $32.00, and $40.00, respectively.

F1 · derivative.underlying_shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

SEC source: 0001209191-17-044163 · doc4.xml · derivative · entry 1

ABBOT JOHN · CIK 0001276254 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock, $.01 par value · 187,500 shares

Expires 2026-07-01

F1 · derivative.exercise_price: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F2 · derivative.exercise_price: 93,750 of the options were exercisable at a price of $2.56 per share, and 31,250 of such options were exercisable at each of $8.00, $16.00, and $24.00 per share, respectively.

F1 · shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

F5 · price: As previously disclosed by the Company, on May 18, 2017, the Board of Directors of the Company approved and adopted a supplemental incentive plan for 2017 (the "SIP") for key members of senior management. In order to be eligible participants had to agree to the cancellation of all of their outstanding equity awards. The price is derived from the previously disclosed target bonus amount as stipulated in the SIP, divided by the number of options canceled.

F3 · derivative.exercise_date: Option consisted of time and performance based components.

F4 · derivative.exercise_date: Of the time based component, the option to purchase 28,125 shares was vested and exercisable, and the remainder of such component would have vested and become exercisable as follows: 28,125 shares on 7/1/18, and 18,750 shares on each of 7/1/19 and 7/1/2020. The performance based component was divided into three equal performance tranches (31,250 shares per tranche). Each tranche vested, or would have vested, as applicable, pro rata on each of the first four anniversaries of 7/1/16, with 30% of the respective tranche on each of the first two anniversaries, and 20% of the respective tranche on each of the next two anniversaries. The tranches would have become exercisable if following vesting the volume-weighted average closing sales price of the Company's Class A Common Stock for each 30 consecutive trading days ending with the date of determination was $8.00, $16.00, and $24.00, respectively.

F1 · derivative.underlying_shares: Previously reported exercise prices and number of stock options have been proportionally adjusted to give effect to the Cumulus Media Inc. (the "Company") October 12, 2016 one-for-eight (1:8) reverse stock split.

SEC source: 0001209191-17-023881 · doc4.xml · derivative · entry 2

Grimes Suzanne M · CIK 0001563653 · EVP/Corporate Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,000

Underlying: Class A Stock, $.01 par value · 25,000 shares

Expires 2027-01-23

F1 · derivative.exercise_date: The option vests on each of the first four anniversaries of the date of grant, with 30% of the award vesting on each of the first two anniversaries thereof, and 20% of the award vesting on each of the next two anniversaries thereof.

SEC source: 0001209191-17-023881 · doc4.xml · derivative · entry 1

Grimes Suzanne M · CIK 0001563653 · EVP/Corporate Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,000

Underlying: Class A Stock, $.01 par value · 25,000 shares

Expires 2026-01-06

F1 · derivative.exercise_date: The option vests on each of the first four anniversaries of the date of grant, with 30% of the award vesting on each of the first two anniversaries thereof, and 20% of the award vesting on each of the next two anniversaries thereof.