SEC Form 4 · accession 0001144204-16-096699
Stagwell Inc · STGW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott L Kauffman
Officer — CEO · Director
Period of report
Apr 26, 2016
Accepted (ET)
Apr 27, 2016 · 6:24 pm EDT
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 | Apr 26, 2016 | M | 37,500 | $5.97 | A | 345,864 | D | |
| Class A SharesF1 | Apr 26, 2016 | F | 24,880 | $22.57 | D | 320,984 | D | |
| Class A SharesF1 | holding | — | — | — | 308,364 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $5.97 | Apr 26, 2016 | M | 37,500 | D | Apr 28, 2007 | Apr 28, 2016 | Class A Shares | 37,500 | 0 | D |
Explanation of responses
- F1Includes shares of unvested Restricted Stock (Class A Shares) of the Issuer.
- F2Reflects the election by Mr. Kauffman to have Class A Shares withheld by the Issuer to satisfy the exercise price and tax withholding requirements relating to the exercise of the options reported herein. None of the shares reported herein were sold in the open market. The expiration date of the options reported herein was April 28, 2016 (the tenth anniversary of the grant date).