AI assistant
Stagwell Inc — Director's Dealing 2017
Feb 1, 2017
31947_dirs_2017-02-01_277fa848-8ef7-47d4-99b1-acc611284dbc.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MDC PARTNERS INC (MDCA)
CIK: 0000876883
Period of Report: 2017-01-31
Reporting Person: Doft David B. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-31 | Class A Shares | A | 80000 | — | Acquired | 270964 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-31 | Stock Appreciation Rights | $6.60 | A | 50000 | Acquired | 2022-01-31 | Class A Shares (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Shares | 1500 | Indirect |
| Class A Shares | 190964 | Direct |
Footnotes
F1: The Reporting Person also indirectly holds 1,500 Class A Shares in a UTMA account for the benefit of his son.
F2: Includes shares of unvested Restricted Stock (Class A Shares)
F3: All 80,000 shares of Restricted Stock (Class A Shares) of the Issuer awarded on January 31, 2017 will vest only upon achievement of financial performance targets in 2017-2019, subject to continued employment.
F4: 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 discretion of the Issuer.