Bradley J. Gross - Mar 14, 2023 Form 4 Insider Report for Stagwell Inc (STGW)

Role
Director
Signature
/s/ Jamison Yardley, Attorney-in-fact
Stock symbol
STGW
Transactions as of
Mar 14, 2023
Transactions value $
-$25,717,600
Form type
4
Date filed
3/16/2023, 03:00 PM
Previous filing
Nov 10, 2021
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STGW Class A Common Stock Sale -$25.7M -4M -18.96% $6.43 17.1M Mar 14, 2023 See Footnotes F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 14,094,157 shares of Class A Common Stock of the Issuer, and Bridge Street Opportunity Advisors, L.L.C. ("Bridge Street") is the general partner of each of SB Employee Fund, which directly holds 425,953 shares of Class A Common Stock of the Issuer, and SB Employee Fund Offshore, which directly holds 2,428,636 shares of Class A Common Stock of the Issuer. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 151,038 shares of Class A Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.