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Stagwell Inc Director's Dealing 2023

Mar 14, 2023

31947_dirs_2023-03-14_6483979e-3470-480c-a56d-d8dd94c327e2.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: 2023-03-14

Reporting Person: Penn Mark Jeffery (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-14 Class A Common Stock S 12000000 $6.4294 Disposed 14502414 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 2317924 Direct

Footnotes

F1: The reported securities were sold by Stagwell Agency Holdings LLC in an underwritten public offering (the "Secondary Offering"). This amount represents the $6.75 secondary public offering price per share of Class A Common Stock of the Issuer, less the underwriting discount of $0.320625 per share sold in the Secondary Offering.

F2: The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell Group"). Stagwell Group directly holds 130,000 shares of Class A Common Stock of the Issuer. Stagwell Group is the manager of Stagwell Agency Holdings LLC, which directly holds 14,372,414 shares of Class A Common Stock of the Issuer following the reported transaction. 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.