SEC Form 4 · accession 0001209191-15-055945
URBAN ONE, INC. · UONEK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Thompson
Officer — CFO / EVP
Period of report
Jun 22, 2015
Accepted (ET)
Jun 24, 2015 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class D common stockF1 | Jun 22, 2015 | S | 43,418 | $3.57 | D | 156,372 | D | |
| Class D common stockF2 | Jun 23, 2015 | S | 40,582 | $3.55 | D | 115,790 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Thompson held 387,306 shares as of April 23, 2015, the filing date of our proxy statement. Those holdings included 200,000 shares that vested on April 20, 2015. In connection with that vesting, 91,840 shares were sold to satisfy his income tax obligations in accordance with Company policy. Thus, the 156,372 number reflects that reduction as well as the 20,700 shares sold on June 19, 2016 and the 43,418 shares sold on June 22, 2015. In addition to the 156,372 shares, Mr. Thompson also holds 75,000 restricted shares vesting December 31, 2015 and another 75,000 vesting December 31, 2016. Mr. Thompson further holds 75,000 options to purchase Class D shares with another 225,000 options vesting in equal 112,500 tranches on December 31, 2015 and December 31, 2016.
- F2The reporting person beneficially owns a total of 115,790 shares of Class D common stock. In addition to the 115,790 shares, Mr. Thompson also holds 75,000 restricted shares vesting December 31, 2015 and another 75,000 vesting December 31, 2016. Mr. Thompson further holds 75,000 options to purchase Class D shares with another 225,000 options vesting in equal 112,500 tranches on December 31, 2015 and December 31, 2016, all as described above.