Form 4 for STGW Stagwell Inc
Accepted 2023-06-30 00:00:00 ET · period of report 2023-06-29 · accession 0001104659-23-077277 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-30 | 2023-06-29 | STGW | Lanuto Frank P | CFO | D - Sale to Iss | $7.46 | -238.6K | 744.8K | -24% | -$1.78M |
| DM | 2023-06-30 | 2023-06-29 | STGW | Lanuto Frank P | CFO | M - OptEx | $3.96 | +450.0K | 830.6K | +118% | +$1.78M |
| DM | 2023-06-30 | 2023-06-29 | STGW | Lanuto Frank P | CFO | F - Tax | $7.46 | -111.3K | 670.6K | -14% | -$830.2K |
| DM | 2023-06-30 | 2023-06-29 | STGW | Lanuto Frank P | CFO | M - OptEx | $0.00 | -450.0K | 0 | -100% | $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 | 2023-06-29 | D | D | 87,769 | $7.46 | 742,835 | D | — | — | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-06-29 | M | A | 225,000 | $5.00 | 895,603 | D | — | — | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. |
| 3 | Common | Class A Common Stock | 2023-06-29 | F | D | 39,053 | $7.46 | 705,745 | D | — | — | (F2) Represents shares withheld by the issuer to satisfy tax withholding requirements on the reported exercise and settlement of SARs. |
| 4 | Common | Class A Common Stock | 2023-06-29 | M | A | 225,000 | $2.91 | 830,604 | D | — | — | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. |
| 5 | Common | Class A Common Stock | 2023-06-29 | F | D | 72,232 | $7.46 | 670,603 | D | — | — | (F2) Represents shares withheld by the issuer to satisfy tax withholding requirements on the reported exercise and settlement of SARs. |
| 6 | Common | Class A Common Stock | 2023-06-29 | D | D | 150,805 | $7.46 | 744,798 | D | — | — | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. |
| 7 | Derivative | Stock Appreciation Right | 2023-06-29 | M | D | 225,000 | $0.00 | 0 | D | $2.91 · 2020-06-10 to 2024-06-10 | 225,000 Class A Common Stock | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. (F3) The SARs vested in equal installments on 06/10/2020, 06/10/2021 and 06/10/2022. |
| 8 | Derivative | Stock Appreciation Right | 2023-06-29 | M | D | 225,000 | $0.00 | 0 | D | $5.00 · 2020-06-10 to 2024-06-10 | 225,000 Class A Common Stock | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. (F3) The SARs vested in equal installments on 06/10/2020, 06/10/2021 and 06/10/2022. |