URBAN ONE, INC. — Director's Dealing 2020

Apr 27, 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: Thompson Peter (CFO/EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-06	Class D Common Stock	M	140473	$1.85	Acquired	694904	Direct
2020-04-24	Class D Common Stock	D	150000	$0.9	Disposed	544904	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-06	Restricted Stock Unit	$0	M	140473	Acquired		Class D Common Stock (140473)	Direct
2020-01-06	Stock Option to purchase Class D Common Stock	$2.17	A	99846	Acquired	2030-12-31	Class D Common Stock (99846)	Direct

Footnotes

F1: Restricted stock units convert into common stock on a one-for-one basis

F2: The sales reported were effected pursuant to a Rule 16b-(3) transaction approved by the Board on April 14, 2020 based on the closing stock price that day. Delays related ot the COVID-19 pandemic slowed the processing of the transaction.

F3: Represents a grant of restricted stock units under the Urban One, Inc. 2019 Equity and Other Incentive Plan. On June 12, 2019, the Compensation Committee granted Mr. Thompson 224,654 restricted shares of Class D Common Stock and stock options to purchase 99,846 shares of Class D Common Stock. The grants were effective July 5, 2019 and vested on January 6, 2020. On the vesting date, 84,181 shares were withheld to cover income taxes attributable to the vesting.

F4: Not applicable