Form 4 for STGW Stagwell Inc
Accepted 2023-03-02 00:00:00 ET · period of report 2023-02-28 · accession 0001104659-23-028098 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-02 | 2023-02-28 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | F - Tax | $6.87 | -63.7K | 2.32M | -3% | -$437.3K |
| D | 2023-03-02 | 2023-03-01 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | A - Grant | $0.00 | +225.0K | 225.0K | New | $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 | 2023-02-28 | F | D | 63,655 | $6.87 | 2,317,924 | D | — | — | (F1) Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock. |
| 2 | Derivative | Stock Appreciation Rights | 2023-03-01 | A | A | 225,000 | $0.00 | 225,000 | D | $6.79 · 2024-03-01 to 2028-03-01 | 225,000 Class A Common Stock | (F3) Stock Appreciation Rights (SARS) granted March 1, 2023 to the Reporting Person vest and are exercisable in three equal installments (each consisting of 75,000 underlying shares of Class A Common Stock) on each of the first three (3) anniversaries of the grant date, and expire on the fifth anniversary of the grant date. |