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Stagwell Inc — Director's Dealing 2019
Apr 9, 2019
31947_dirs_2019-04-09_4ae245f5-7e8a-48e8-b80e-01cbbc248a3b.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: 2019-04-05
Reporting Person: Penn Mark Jeffery (Director, Chief Executive Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-05 | Stock Appreciation Rights | $2.19 | A | 1500000 | Acquired | 2024-03-18 | Class A Shares (1500000) | Direct |
Footnotes
F1: SARs granted April 5, 2019 to the reporting person vest and are exercisable in three equal installments (each consisting of 500,000 underlying Class A Shares) on each of the first three (3) anniversaries of March 18, 2019, and expire on March 18, 2024. These SAR's shall be settled in the form of Class A Shares, subject to certain regulatory exceptions upon which the SARs may be settled in cash.
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