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Stagwell Inc — Director's Dealing 2019
Nov 6, 2019
31947_dirs_2019-11-06_5fb39558-d9a8-4d63-ac2b-f7cb092f817b.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: Lanuto Frank P (EVP, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-04 | Class A Shares | A | 99000 | — | Acquired | 99000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Rights | $2.91 | 2024-06-10 | Class A Shares (225000) | 225000 | Direct |
| Stock Appreciation Rights | $5.00 | 2024-06-10 | Class A Shares (225000) | 225000 | Direct |
Footnotes
F1: 99,000 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.
F2: 225,000 SARs granted June 12, 2019, with a base price of $2.91 (the average closing price over the ten-day trading period beginning May 24, 2019 and ending June 7, 2019), will vest in three equal installments on June 10, 2020, June 10, 2021 and June 10, 2022, subject to the Reporting Person's continued employment with the Company through each of the vesting dates. These SARs are to be settled in stock.
F3: 225,000 SARs granted June 12, 2019, with a base price of $5.00, will vest in three equal installments on June 10, 2020, June 10, 2021 and June 10, 2022, subject to the Reporting Person's continued employment with the Company through each of the vesting dates. These SARs are to be settled in stock.