Form 4 for STGW Stagwell Inc
Accepted 2024-01-23 00:00:00 ET · period of report 2024-01-19 · accession 0001104659-24-005953 · 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 | 2024-01-23 | 2024-01-19 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | D - Sale to Iss | $6.63 | -500.0K | 2.54M | -16% | -$3.31M |
| D | 2024-01-23 | 2024-01-19 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | M - OptEx | $2.19 | +500.0K | 3.04M | +20% | +$1.09M |
| D | 2024-01-23 | 2024-01-19 | STGW | Penn Mark Jeffery | CEO, Dir, 10% | M - OptEx | $0.00 | -500.0K | 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 | 2024-01-19 | D | D | 500,000 | $6.63 | 2,540,493 | D | — | — | (F1) Represents the exercise of Stock Appreciation Rights ("SARs") and settlement in cash. |
| 2 | Common | Class A Common Stock | 2024-01-19 | M | A | 500,000 | $2.19 | 3,040,493 | D | — | — | (F1) Represents the exercise of Stock Appreciation Rights ("SARs") and settlement in cash. |
| 3 | Derivative | Stock Appreciation Rights | 2024-01-19 | M | D | 500,000 | $0.00 | 0 | 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 cash. (F3) The SARs vested in equal installments on March 18, 2020, March 18, 2021 and March 18, 2022. |