Stagwell Inc — Director's Dealing 2011

Jan 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDC PARTNERS INC (MDCA)
CIK: 0000876883
Period of Report: 2011-01-11

Reporting Person: KAMERSCHEN ROBERT (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-11	Class A Shares	M	20000	$8.95	Acquired	252827	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-11	Stock Options	$8.95	M	20000	Disposed	2016-04-28	Class A Shares (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Shares	232827	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SARs	$3.72	2014-03-09	Class A Shares (10000)	10000	Direct

Footnotes

F1: Includes Class A Shares of Restricted Stock.

F2: Stock Options (previously granted on April 28, 2006) expire ten (10) years from the grant date.

F3: The Stock Appreciation Rights ("SARs") granted on March 10, 2009 vest over three (3) years from the grant date: 33% vested on
the first anniversary of the grant date, 33% vest on the second anniversary of the grant date, and 34% vest on the third
anniversary of the grant date, and all such SARs expire five (5) years from the grant date. These SARs may be settled in
cash or stock, at the discretion of the Issuer.