D. GEOFFREY ARMSTRONG - 05 Jul 2023 Form 4 Insider Report for URBAN ONE, INC. (UONEK)

Role
Director
Signature
Karen Wishart, Attorney-in-fact
Issuer symbol
UONEK
Transactions as of
05 Jul 2023
Net transactions value
$0
Form type
4
Filing time
07 Jul 2023, 16:41:49 UTC
Previous filing
16 Jun 2023
Next filing
05 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UONEK Class D Common Stock Award $0 +8,418 +4% $0.000000 217,482 05 Jul 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock, pursuant to Rule 16b-3, which will vest in two equal annual installments beginning July 6, 2024. The number of shares was determined by dividing 50,000 by the closing price of the Company's Class D shares on July 5, 2023. The closing price of the Class D shares on that date was $5.94.
F2 The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D.