Some additional info was provided as follows:
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.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Current report, item 5.02
- March 5, 2014
SVP of Cumulus Media Inc. just picked up 25,000 shares - March 4, 2014