Ross David Corwin 4
4 · MDC PARTNERS INC · Filed Mar 2, 2021
Insider Transaction Report
Form 4
MDC PARTNERS INCMDCA
Ross David Corwin
See Remarks
Transactions
- Disposition to Issuer
Class A Subordinate Voting Shares
2021-02-26−9,852→ 414,838 total - Tax Payment
Class A Subordinate Voting Shares
2021-02-26$3.23/sh−26,704$86,254→ 344,327 total - Disposition to Issuer
Class A Subordinate Voting Shares
2021-02-26−43,807→ 371,031 total
Footnotes (3)
- [F1]200,000 shares of Restricted Stock (Class A Shares) of the Issuer were awarded to the Reporting Person on November 4, 2019, subject to achievement of financial performance targets and continued employment. 9,852 of these shares were forfeited on February 26, 2021 as a result of partial achievement of the financial performance targets. The remaining shares will vest on December 31, 2022, subject to continued employment.
- [F2]Includes shares of unvested Restricted Stock (Class A Shares) of the Issuer.
- [F3]95,488 shares of Restricted Stock (Class A Shares) of the Issuer awarded to the Reporting Person were eligible for vesting on February 26, 2021, subject to achievement of financial performance targets and continued employment. Of these shares, 43,807 were forfeited and 51,681 vested. 26,704 of the vested shares were withheld by the Issuer to satisfy tax withholding requirements related to the vesting.