Stagwell Inc — Director's Dealing 2020

May 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDC PARTNERS INC (MDCA)
CIK: 0000876883
Period of Report: 2020-05-14

Reporting Person: Lanuto Frank P (EVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-14	Class A Subordinate Voting Shares	P	17798	$1.1033	Acquired	141798	Direct
2020-05-15	Class A Subordinate Voting Shares	P	57202	$1.2044	Acquired	199000	Direct

Footnotes

F1: The purchase price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $1.09 to $1.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F2: Includes 99,000 shares of unvested Restricted Stock (Class A Subordinate Voting Shares) of the Issuer.

F3: The purchase price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $1.175 to $1.24, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.