Mark Penn - 14 Dec 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: 14 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Dec 2021, 17:00:24 UTC
Previous filing: 19 Oct 2021
Next filing: 04 Feb 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	STGW	Stock Appreciation Rights	Award	$0	+1,500,000		$0.000000	1,500,000	14 Dec 2021	Class A Common Stock	1,500,000	$8.27	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Stock Appreciation Rights (SARS) granted December 14, 2021 to the reporting person vest and are exercisable in three equal installments (each consisting of 500,000 underlying shares of Class A Common Stock) on each of the first three (3) anniversaries of the grant date, and expire on the fifth anniversary of the grant date. The grant of 1,312,000 of the SARS is subject to approval by the Issuer's stockholders of amendments to its Amended and Restated 2016 Stock Incentive Plan.

Content

Stock Appreciation Rights (SARS) granted December 14, 2021 to the reporting person vest and are exercisable in three equal installments (each consisting of 500,000 underlying shares of Class A Common Stock) on each of the first three (3) anniversaries of the grant date, and expire on the fifth anniversary of the grant date. The grant of 1,312,000 of the SARS is subject to approval by the Issuer's stockholders of amendments to its Amended and Restated 2016 Stock Incentive Plan.