SEC Form 4 · accession 0001144204-16-085723
Stagwell Inc · STGW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andre Clement Coste
Officer — EVP, Chief Operating Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 11:09 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876883
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A SharesF1,F2 | Mar 1, 2016 | F | 9,905 | $21.40 | D | 47,641 | D | |
| Class A SharesF1 | holding | — | — | — | 57,546 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes shares of unvested Restricted Stock (Class A Shares) of the Issuer.
- F2A total of 17,963 shares of restricted stock (Class A shares), originally granted in April 2013, vested on March 1, 2016 upon achievement of specified financial targets. The Reporting Person elected to have a total of 9,905 Class A shares withheld by the Issuer to satisfy tax withholding requirements.