Stagwell Inc — Director's Dealing 2021

Mar 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MDC PARTNERS INC (MDCA)
CIK: 0000876883
Period of Report: 2021-02-26

Reporting Person: Ross David Corwin (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-26	Class A Subordinate Voting Shares	D	9852	—	Disposed	414838	Direct
2021-02-26	Class A Subordinate Voting Shares	D	43807	—	Disposed	371031	Direct
2021-02-26	Class A Subordinate Voting Shares	F	26704	$3.23	Disposed	344327	Direct

Footnotes

F1: 200,000 shares of Restricted Stock (Class A Shares) of the Issuer were awarded to the Reporting Person on November 4, 2019, subject to achievement of financial performance targets and continued employment. 9,852 of these shares were forfeited on February 26, 2021 as a result of partial achievement of the financial performance targets. The remaining shares will vest on December 31, 2022, subject to continued employment.

F2: Includes shares of unvested Restricted Stock (Class A Shares) of the Issuer.

F3: 95,488 shares of Restricted Stock (Class A Shares) of the Issuer awarded to the Reporting Person were eligible for vesting on February 26, 2021, subject to achievement of financial performance targets and continued employment. Of these shares, 43,807 were forfeited and 51,681 vested. 26,704 of the vested shares were withheld by the Issuer to satisfy tax withholding requirements related to the vesting.