Eli Samaha - 12 Jun 2024 Form 4 Insider Report for Stagwell Inc (STGW)

Role
Director
Signature
/s/ Edmund Graff, attorney-in-fact
Issuer symbol
STGW
Transactions as of
12 Jun 2024
Net transactions value
$0
Form type
4
Filing time
14 Jun 2024, 20:02:06 UTC
Previous filing
11 Jun 2024
Next filing
03 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STGW Class A Common Stock Award $0 +22,762 +35% $0.000000 87,710 12 Jun 2024 Direct F1
holding STGW Class A Common Stock 7,147,662 12 Jun 2024 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was awarded restricted stock units as a component of non-employee director compensation. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will vest in full on the first anniversary of the date of grant.
F2 These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of such securities.