Mark Penn - 15 Oct 2021 Form 4 Insider Report for Stagwell Inc (STGW)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Mark Penn
Issuer symbol: STGW
Transactions as of: 15 Oct 2021
Net transactions value: $0
Form type: 4
Filing time: 19 Oct 2021, 19:12:31 UTC
Previous filing: 07 Oct 2021
Next filing: 15 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STGW	Class A Common Stock	Award	$0	+412,000	+70%	$0.000000	1,001,051	15 Oct 2021	Direct	F1
holding	STGW	Class A Common Stock						26,502,414	15 Oct 2021	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	412,000 shares of Restricted Stock (Class A Common Stock) of the Issuer were awarded on October 15, 2021. The shares will vest on March 31, 2024, subject to achievement of financial performance targets and continued employment.
F2	The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell"). Stagwell directly holds 130,000 shares of Class A Common Stock of the Issuer. Stagwell is the manager of Stagwell Agency Holdings LLC, which directly holds 26,372,414 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

412,000 shares of Restricted Stock (Class A Common Stock) of the Issuer were awarded on October 15, 2021. The shares will vest on March 31, 2024, subject to achievement of financial performance targets and continued employment.

The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell"). Stagwell directly holds 130,000 shares of Class A Common Stock of the Issuer. Stagwell is the manager of Stagwell Agency Holdings LLC, which directly holds 26,372,414 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.