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Stagwell Inc — Director's Dealing 2021
Oct 7, 2021
31947_dirs_2021-10-07_b1718f39-aa1e-4470-b9b6-c89f006bb4ee.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: 2021-10-07
Reporting Person: Penn Mark Jeffery (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-07 | Class A Common Stock | C | 12086700 | — | Acquired | 26502414 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-07 | Series 6 Convertible Preferred Stock | $ | C | 50000 | Disposed | Class A Common Stock (12086700) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 589051 | Direct |
Footnotes
F1: On October 7, 2021, the 50,000 shares of Series 6 Convertible Preferred Stock of the Issuer held by Stagwell Agency Holdings LLC converted automatically into 12,086,700 shares of Class A Common Stock of the Issuer and had no expiration date.
F2: The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell"). Stagwell directly holds 130,000 shares of Class A Common Stock of the Issuer. Stagwell is the manager of Stagwell Agency Holdings LLC, which directly holds 26,372,414 shares of Class A Common Stock of the Issuer following the conversion reported herein. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.