Stagwell Inc — Director's Dealing 2012

Nov 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDC PARTNERS INC (MDCA)
CIK: 0000876883
Period of Report: 2012-11-09

Reporting Person: Kirby Michael JL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-09	Restricted Stock Units (Class A Shares)	S	5000	$10.45	Disposed	34734	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Shares	39734	Direct
Class A Shares	381	Indirect

Holdings (Derivative)

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

Footnotes

F1: Includes unvested Restricted Stock Units (Class A Shares) of the Issuer.

F2: Held by an Affiliate of the Reporting Person.

F3: These shares were sold on the Toronto Stock Exchange for Cdn10.45 per share.

F4: The Stock Appreciation Rights ("SARs") granted on March 10, 2009, all of which are vested as of January 20, 2012, expire five (5) years from the Grant Date.