URBAN ONE, INC. — Director's Dealing 2020

Jun 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URBAN ONE, INC. (UONE/UONEK)
CIK: 0001041657
Period of Report: 2020-01-06

Reporting Person: KANTOR DAVID M (CEO, Radio Division)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-06	Class D Common Stock	M	139084	—	Acquired	272758	Direct
2020-06-17	Class D Common Stock	S	272758	$5.39	Disposed	0	Direct
2020-06-17	Class D Common Stock	M	250981	$2.04	Acquired	250981	Direct
2020-06-17	Class D Common Stock	M	49019	$2.04	Acquired	300000	Direct
2020-06-17	Class D Common Stock	M	50000	$1.9	Acquired	350000	Direct
2020-06-17	Class D Common Stock	M	86774	$2.17	Acquired	436774	Direct
2020-06-17	Class D Common Stock	S	250981	$6.15	Disposed	185793	Direct
2020-06-17	Class D Common Stock	S	49019	$6.15	Disposed	136774	Direct
2020-06-17	Class D Common Stock	S	50000	$6.15	Disposed	86744	Direct
2020-06-17	Class D Common Stock	S	86774	$6.15	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-17	Stock Option	$2.04	M	250981	Disposed	2025-11-05	Class D Common Stock (250981)	Direct
2020-06-17	Stock Option	$2.04	M	49019	Disposed	2025-11-05	Class D Common Stock (49019)	Direct
2020-06-17	Stock Option	$1.9	M	50000	Disposed	2027-08-07	Class D Common Stock (50000)	Direct
2020-06-17	Stock Option	$2.17	M	86774	Disposed	2027-07-05	Class D Common Stock (86774)	Direct

Footnotes

F1: As reported in our Form 10-Q filed November 12, 2019, Form 10K filed April 29, 2020 and Form 10-Q filed represents a grant of restricted stock units under the Urban One, Inc. 2019 Equity and Other Incentive Plan. The grants were effective June 12, 2019 and vested on January 6, 2020. The grant was for 195,242 restricted shares of the Company's Class D common stock and the 139,084 represents the retained amounts after the withholding of 56,158 shares for taxes.

F2: All transactions previously reported on our Form 8-K filed June 17, 2020.

F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions. The reporting person undertakes to provide to Urban One, Inc., any security holder of Urban One, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.