Stagwell Inc — Director's Dealing 2017

Mar 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDC PARTNERS INC (MDCA)
CIK: 0000876883
Period of Report: 2017-03-01

Reporting Person: Ross David Corwin (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-01	Class A Shares	P	5000	$8.65	Acquired	135000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Shares	130000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$6.60	2022-01-31	Class A Shares (43000)	43000	Direct

Footnotes

F1: Includes 100,000 shares of unvested Restricted Stock (Class A Shares) of the Issuer.

F2: A total of 5,000 Class A Shares of the Issuer were purchased by the Reporting Person on the open market at a per share price of $8.65 USD on March 1, 2017.

F3: SAR's granted January 31, 2017, vest on the third anniversary of the grant date, and expire on January 31, 2022. These SAR's may be settled in cash or stock, at the discrtion of the Issuer.