4//SEC Filing
Gross Bradley J. 4
Accession 0000895345-21-000953
CIK 0000876883other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 9:01 PM ET
Size
8.6 KB
Accession
0000895345-21-000953
Insider Transaction Report
Form 4
Stagwell IncSTGW
Gross Bradley J.
Director
Transactions
- Conversion
Class A Common Stock
2021-11-08+20,948,746→ 20,961,679.33 total(indirect: See of Explanation of Responses) - Conversion
Series 8 Preferred Shares
2021-11-08−73,849→ 0 total(indirect: See of Explanation of Responses)→ Class A Common Stock (20,948,746 underlying)
Footnotes (3)
- [F1]On September 23, 2021, the 73,849 shares of Series 8 Convertible Preferred Stock, par value $0.001 per share of the Issuer (the "Series 8 Preferred Stock"), held in the aggregate by Broad Street Principal Investments, L.L.C. ("BSPI"), StoneBridge 2017, L.P., a Delaware limited partnership ("SB Employee Fund") and StoneBridge 2017 Offshore, L.P., a Cayman Islands exempted limited partnership ("SB Employee Fund Offshore," and together with SB Employee Fund, the "Employee Funds"), converted automatically into 20,948,746 shares of Class A Common Stock of the Issuer and had no expiration date.
- [F2]The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). GS Group is the direct owner of BSPI, which directly holds 17,420,458 shares of Class A Common Stock of the Issuer following the conversion reported herein, Bridge Street Opportunity Advisors, L.L.C. ("Bridge Street") is the general partner of each of SB Employee Fund, which directly holds 923,346 shares of Class A Common Stock of the Issuer following the conversion reported herein, and SB Employee Fund Offshore, which directly holds 2,604,942 shares of Class A Common Stock of the Issuer following the conversion reported herein. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 12,933.33 shares of Class A Common Stock of the Issuer.
- [F3]The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
Documents
Issuer
Stagwell Inc
CIK 0000876883
Entity typeother
Related Parties
1- filerCIK 0001447253
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 9:01 PM ET
- Size
- 8.6 KB