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Stagwell Inc — Director's Dealing 2013
Feb 19, 2013
31947_dirs_2013-02-19_dca6a8b0-d985-4fab-a5ec-77522454972c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MDC PARTNERS INC (MDCA)
CIK: 0000876883
Period of Report: 2013-02-14
Reporting Person: NADAL MILES (Director, Chairman, CEO and President, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-14 | Class A Shares | A | 118725 | — | Acquired | 5199935 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Rights | $3.72 | 2014-02-12 | Class A Shares (2083333) | 2083333 | Direct |
| Extraordinary Equity Value Appre. Restricted Stock Awards | $ | 2013-12-31 | Restricted Stock Units (900000) | 900000 | Direct |
Footnotes
F1: Includes unvested Restricted Stock Units (Class A Shares) of the Issuer ("RSUs").
F2: A total of 2,083,333 Stock Appreciation Rights ("SARs") were granted February 12, 2009, all of which are vested as of January 20, 2012, and all such SARs expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.
F3: These Extraordinary Equity Value Appreciation Restricted Stock Awards ("EVARs") granted under the Issuer's EVARs program (previously disclosed by the Issuer on Form 8-K dated January 26, 2011) represent the right to receive Restricted Stock Units on a one-to-one basis upon the Issuer's achievement of stock price targets equal to $20.00 (300,000 EVARs), $22.75 (300,000 EVARs) and $26.25 (300,000 EVARs), as described in greater detail in the EVAR Letter Agreement.