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URBAN ONE, INC. Director's Dealing 2008

Jun 10, 2008

34646_dirs_2008-06-10_1f5679f2-bd09-4cb6-8dc0-4c814e595673.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIO ONE INC (ROIA/ROIAK)
CIK: 0001041657
Period of Report: 2008-06-05

Reporting Person: HUGHES CATHERINE L (Director, Chairperson and Secretary, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-06-05 Stock Option (right to buy) $1.41 A 600000 Acquired 2018-04-15 Class D Common Shares (600000) Direct
2008-06-05 Stock (restricted stock) $1.41 A 150000 Acquired 2018-04-15 Class D Common Shares (150000) Direct

Footnotes

F1: These options and restricted shares will vest in three equal annual installments (33 1/3 percent installments) on the anniversary of the grant dates: April 15, 2009, April 15, 2010, and April 15, 2011. Restricted stock grants to vest upon a change of control.