Form 4 for STGW Stagwell Inc
Accepted 2023-07-20 00:00:00 ET · period of report 2023-07-18 · accession 0001104659-23-082818 · 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 | 2023-07-20 | 2023-07-18 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | M - OptEx | $2.19 | +500.0K | 2.82M | +22% | +$1.09M |
| D | 2023-07-20 | 2023-07-18 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | F - Tax | $8.19 | -143.7K | 2.54M | -5% | -$1.18M |
| D | 2023-07-20 | 2023-07-18 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | D - Sale to Iss | $8.19 | -133.7K | 2.68M | -5% | -$1.10M |
| D | 2023-07-20 | 2023-07-18 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | M - OptEx | $0.00 | -500.0K | 1.00M | -33% | $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 | 2023-07-18 | M | A | 500,000 | $2.19 | 2,817,924 | 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 | 2023-07-18 | F | D | 143,731 | $8.19 | 2,540,493 | D | — | — | (F2) Represents shares withheld by the issuer to satisfy tax withholding requirements on the reported exercise and settlement of SARs. |
| 3 | Common | Class A Common Stock | 2023-07-18 | D | D | 133,700 | $8.19 | 2,684,224 | D | — | — | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. |
| 4 | Derivative | Stock Appreciation Rights | 2023-07-18 | M | D | 500,000 | $0.00 | 1,000,000 | D | $2.19 · 2020-03-18 to 2024-03-18 | 500,000 Class A Common Stock | (F1) Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock. (F4) The SARs vested in equal installments on March 18, 2020, March 18, 2021 and March 18, 2022. |