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Stagwell Inc — Director's Dealing 2021
Dec 15, 2021
31947_dirs_2021-12-15_047fdfe0-7b6a-41c5-9334-e899c2e1b111.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Stagwell Inc (STGW)
CIK: 0000876883
Period of Report: 2021-12-14
Reporting Person: Penn Mark Jeffery (Director, Chief Executive Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-14 | Stock Appreciation Rights | $8.27 | A | 1500000 | Acquired | 2026-12-14 | Class A Common Stock (1500000) | Direct |
Footnotes
F1: Stock Appreciation Rights (SARS) granted December 14, 2021 to the reporting person vest and are exercisable in three equal installments (each consisting of 500,000 underlying shares of Class A Common Stock) on each of the first three (3) anniversaries of the grant date, and expire on the fifth anniversary of the grant date. The grant of 1,312,000 of the SARS is subject to approval by the Issuer's stockholders of amendments to its Amended and Restated 2016 Stock Incentive Plan.
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