LIGGINS ALFRED C 4/A
4/A · URBAN ONE, INC. · Filed Oct 23, 2023
Insider Transaction Report
Form 4/AAmended
URBAN ONE, INC.UONE/UONEK
LIGGINS ALFRED C
DirectorCEO10% Owner
Transactions
- Tax Payment
Class D Common Stock
2023-02-06$5.15/sh−82,702$425,915→ 12,518,625 total - Award
Class D Common Stock
2023-02-06+276,472→ 12,601,327 total - Award
Stock Option (Class D)
2023-02-06$5.15/sh+168,786$869,248→ 2,374,185 totalExercise: $5.15From: 2023-02-06Exp: 2033-02-06→ Class D Common Stock (168,786 underlying)
Footnotes (5)
- [F1]This Form 4A is being filed is to adjust ownership totals due to a rounding error in the calculation methodology in relation to a February 2023 grant vesting. The Amendment increases Class D Common Stock ownership by 10,240 shares and option ownership by 6,251 options to purchase Class D shares.
- [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) 3,713,487 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.