Lanuto Frank P 4
4 · Stagwell Inc · Filed Jun 30, 2023
Insider Transaction Report
Form 4
Stagwell IncSTGW
Lanuto Frank P
EVP, Finance
Transactions
- Exercise/Conversion
Class A Common Stock
2023-06-29$2.91/sh+225,000$654,750→ 830,604 total - Tax Payment
Class A Common Stock
2023-06-29$7.46/sh−72,232$538,851→ 670,603 total - Disposition to Issuer
Class A Common Stock
2023-06-29$7.46/sh−87,769$654,757→ 742,835 total - Exercise/Conversion
Stock Appreciation Right
2023-06-29−225,000→ 0 totalExercise: $2.91From: 2020-06-10Exp: 2024-06-10→ Class A Common Stock (225,000 underlying) - Exercise/Conversion
Stock Appreciation Right
2023-06-29−225,000→ 0 totalExercise: $5.00From: 2020-06-10Exp: 2024-06-10→ Class A Common Stock (225,000 underlying) - Exercise/Conversion
Class A Common Stock
2023-06-29$5.00/sh+225,000$1,125,000→ 895,603 total - Disposition to Issuer
Class A Common Stock
2023-06-29$7.46/sh−150,805$1,125,005→ 744,798 total - Tax Payment
Class A Common Stock
2023-06-29$7.46/sh−39,053$291,335→ 705,745 total
Footnotes (3)
- [F1]Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock.
- [F2]Represents shares withheld by the issuer to satisfy tax withholding requirements on the reported exercise and settlement of SARs.
- [F3]The SARs vested in equal installments on 06/10/2020, 06/10/2021 and 06/10/2022.