It's a big deal to be awarded for your songwriting. It's an even bigger deal when the award is given at the Songwriters Hall of Fame Induction Gala in New York City.

Dan Reynolds will receive the Hal David Starlight Award at this year's Songwriters Hall of Fame Induction Gala. The award is named after legendary songwriter Hal David and it's given annually to a young musician who is "making a significant impact in the music industry." Reynolds has now penned three huge hits with "It's Time", "Demon", and "Radioactive." He'll be awarded June 12 in the Big Apple.

Past winners include John Mayer, Alicia Keys, John Legend, Jason Mraz, Rob Thomas of Matchbox Twenty, Johnny Rzeznik of the Goo Goo Dolls, and Taylor Swift.

Imagine Dragons is nominated for 12 awards at this year's Billboard Music Awards. It's an opportunity to add some serious hardware to the mantle. Dan Reynolds now knows he'll have at least one award on display.