SEC Form 4 · accession 0001209191-15-056394
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 24, 2015
Accepted (ET)
Jun 25, 2015 · 5:11 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 24, 2015 | S | 16,000 | $3.58 | D | 99,790 | 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 75,000 options and 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 99,790 number excludes the options and reflects the tax reduction as well as the 20,700 shares sold on June 19, 2016, the 43,418 shares sold on June 22, 2015 and the 40,582 shares sold June 23, 2015. In addition to the 99,790 shares, Mr. Thompson also holds the 75,000 options mentioned above and 75,000 restricted shares vesting December 31, 2015 and another 75,000 restricted shares 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