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URBAN ONE, INC. Director's Dealing 2022

Sep 30, 2022

34646_dirs_2022-09-29_d08cda11-fd68-48f2-8e9c-0b8c140f0073.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: URBAN ONE, INC. (UONE/UONEK)
CIK: 0001041657
Period of Report: 2022-09-27

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-09-27 Class D Common Stock A 201961 Acquired 4598176 Direct
2022-09-27 Class D Common Stock F 66970 $4.23 Disposed 4531206 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-09-27 Restricted Stock Units (Class A) $0 A 281250 Acquired Class A Common Stock (281250) Direct
2022-09-27 Stock Option (Class D) $4.23 A 101702 Acquired 2032-09-26 Class D Common Stock (101702) Direct
2022-09-27 Stock Option (Class D) $4.23 A 93750 Acquired 2032-09-26 Class D Common Stock (93750) Direct

Footnotes

F1: Award vests immediately upon pricing.

F2: Urban One, Inc. has four classes of stock, Classes A, B, C, and D. Across all classes the reporting persons owns Urban One, Inc. stock as follows: (1) zero shares of Class A common stock (exclusive of the Class A RSUs reported herein), (2) 851,536 shares of Class B common stock held by the Hughes Revocable Trust; (3) 247,366 shares of Class C common stock held by the Hughes Revocable Trust U/A/D; (4) 1,124,560 shares of Class C common stock held by the Dynastic Trust U/A/D; (5) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (continued in next footnote)

F3: (continued from previous footnote) (6) 719,170 shares of Class D common stock held by Catherine Hughes; (7) 1,015,937 shares of Class D common stock held by the Hughes Revocable Trust; (8) 494,732 shares of Class D common stock held by the Hughes Revocable Trust U/A/D; (cont.) (9) 1,749,464 shares of Class D common stock held by the Hughes Revocable Trust UA; (10) 520,404 shares of Class D common stock held by the Dynastic Trust U/A/D; and (11) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. The reporting person also holds the derivative securities reported in Table II.

F4: n/a