Form 4 for STGW Stagwell Inc
Accepted 2022-02-04 00:00:00 ET · period of report 2022-02-02 · accession 0001104659-22-012160 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-02-04 | 2022-02-02 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | J - Other | $0.00 | -15.16M | 26.50M | -36% | $0 |
| DI | 2022-02-04 | 2022-02-02 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | M - OptEx | — | +15.16M | 41.66M | +57% | — |
| DI | 2022-02-04 | 2022-02-02 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | M - OptEx | $0.00 | -15.16M | 164.81M | -8% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-02-02 | J | D | 15,155,141 | $0.00 | 26,502,414 | I See Footnote | — | — | (F1) The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell"). Stagwell directly holds 130,000 shares of Class A Common Sock of the Issuer. Stagwell is the manager of Stagwell Agency Holdings LLC, which directly holds 26,372,414 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| 2 | Common | Class A Common Stock | 2022-02-02 | M | A | 15,155,141 | — | 41,657,555 | I See Footnote | — | — | (F1) The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell"). Stagwell directly holds 130,000 shares of Class A Common Sock of the Issuer. Stagwell is the manager of Stagwell Agency Holdings LLC, which directly holds 26,372,414 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| 3 | Derivative | Class C Common Stock | 2022-02-02 | M | D | 15,155,141 | $0.00 | 164,814,910 | I See Footnote | — · — to — | 15,155,141 Class A Common Stock | (F3) The Reporting Person is the controlling person of Stagwell Media LP ("Stagwell Media"). Stagwell Media directly holds 160,909,058 shares of Class C common stock if the Issuer. Stagwell Media is the manager of Stagwell Friends and Family LLC, which directly holds 3,905,852 shares of Class C Common Stock of the Issuer. The Class C Common Stock are voting-only shares that have no economic interest in the Issuer and are not registered or listed shares. The holder of Class C Common Stock may, at its option, exchange its Class C Common Stock, together with its corresponding economic interest in a wholly-owned subsidiary of the Issuer (collectively, a "Paired Equity Interest"), for Class A Common Stock on a one-for-one basis (i.e., one Paired Equity Interest for one share of Class A Common Stock). (F4) The right of any holder of Class C Common Stock to exchange such shares for Class A Common Stock is not subject to an expiration date. |