Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UONE | Class D Common Stock | Award | $50K | +9.67K | +967.1% | $5.17 | 10.7K | Jul 5, 2022 | Direct | F1 |
transaction | UONE | Class D Common Stock | Award | $50K | +11.8K | +111.03% | $4.22 | 22.5K | Jul 5, 2022 | Direct | F2, F3 |
Id | Content |
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F1 | Reporting triggered by initial vest of a grant of restricted stock units under the Urban One, Inc. 2019 Equity and Performance Incentive Plan. As a non-employee director of Urban One, Inc., on July 6, 2021, Mr. Mitchell was granted restricted shares of Class D Common Stock with a fair market value of $50,000 on July 6, 2021. Based upon the closing price of $5.17 on July 6, 2021, Mr. Mitchell was granted a total of 9,671 restricted shares of Class D common stock that will vest in two (2) roughly equal installments. The first installment of 4,836 shares vested on July 5, 2022, and the second installment of 4,835 shares will vest on July 5, 2023. Reporting on future grants will be reported initial unvested grant as set forth in footnote 2 below. |
F2 | Represents an initial unvested grant of restricted stock units under the Urban One, Inc. 2019 Equity and Performance Incentive Plan. As a non-employee director of Urban One, Inc., on July 5, 2022, Mr. Mitchell was granted restricted shares of Class D Common Stock with a fair market value of $50,000. Based upon the closing price of $4.22 on July 5, 2022, Mr. Mitchell was granted a total of 11,848 restricted shares of Class D common stock. These restricted shares will vest in two (2) equal installments of 5,924 shares on July 5, 2023 and July 5, 2024. |
F3 | The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: 22,519 shares of Class D common stock. This number does not include options as Mr. Mitchell currently holds no options. |