LIGGINS ALFRED C 4/A
4/A · URBAN ONE, INC. · Filed Feb 17, 2023
Insider Transaction Report
Form 4/AAmended
URBAN ONE, INC.UONE/UONEK
LIGGINS ALFRED C
DirectorCEO10% Owner
Transactions
- Award
Class D Common Stock
2023-02-06+266,232→ 12,591,086 total - Tax Payment
Class D Common Stock
2023-02-06$5.15/sh−78,671$405,156→ 12,512,415 total - Award
Stock Option (Class D)
2023-02-06+162,535→ 2,367,934 totalExercise: $5.15From: 2023-02-06Exp: 2033-02-06→ Class D Common Stock (162,535 underlying)
Footnotes (5)
- [F1]This Form 4A is being filed to reconcile share ownership totals after adjusting for actual shares withheld for taxes versus estimated amounts in relation to the February 6, 2023 grant and vesting.
- [F2]Award vested immediately upon pricing.
- [F3]Urban One, Inc. has four classes of stock, Classes A, B, C, and D. Across all classes the reporting persons owns Urban One, Inc. stock as follows: (1) 620,918 shares of Class A common stock (exclusive of Class A RSUs noted in footnote 4 below); (2) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (3) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (4) 3,714,009 shares of Class D common stock held by Alfred C. Liggins; (5) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust; (continued in next footnote)
- [F4](continued from previous footnote) (6) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (7) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (8) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (9) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC.
- [F5]The reporting person also holds 468,750 Restricted Class A Stock Units in addition to the derivative securities reported in Table II.