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Stagwell Inc — Director's Dealing 2019
Nov 6, 2019
31947_dirs_2019-11-06_ee0ffb25-940e-40bf-aad3-a818125e5e12.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: 2019-11-04
Reporting Person: Mirsky Jonathan B. (EVP, General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-04 | Class A Shares | A | 121000 | — | Acquired | 371000 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Shares | 250000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Rights | $5.00 | 2024-06-17 | Class A Shares (250000) | 250000 | Direct |
Footnotes
F1: Includes shares of unvested Restricted Stock (Class A Shares).
F2: 121,000 shares of Restricted Stock (Class A Shares) of the Issuer were awarded on November 4, 2019. Shares will vest on December 31, 2022 subject to achievement of financial performance targets and continued employment.
F3: The Issuer granted 250,000 Stock Appreciation Rights ("SARs") to the Reporting Person on June 26, 2019, with a base price of $5.00. These SARS will vest in three equal installments on June 17, 2020, June 17, 2021 and June 17, 2022, subject to the Reporting Person's continued employment with the Company through each of the applicable vesting dates. These SARs will be settled in Class A Shares upon exercise.