IRWIN D. SIMON - 14 Jun 2023 Form 4 Insider Report for Stagwell Inc (STGW)

Role
Director
Signature
/s/ Edmund Graff, attorney-in-fact
Issuer symbol
STGW
Transactions as of
14 Jun 2023
Transactions value $
-$59,630
Form type
4
Filing time
16 Jun 2023, 18:26:38 UTC
Previous filing
05 Jun 2023
Next filing
18 Jul 2023
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 +18,940 +14.11% $0 153,159 14 Jun 2023 Direct F1
transaction STGW Class A Common Stock Tax liability -$59,629 -7,529 -4.92% $7.92 145,630 14 Jun 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was awarded restricted stock units as a component of non-employee director compensation. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will vest in full on the first anniversary of the date of grant.
F2 Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock.