B. Doyle Mitchell Jr. - 05 Jul 2023 Form 4 Insider Report for URBAN ONE, INC. (UONE)

Role
Director
Signature
Karen Wishart
Issuer symbol
UONE
Transactions as of
05 Jul 2023
Net transactions value
$0
Form type
4
Filing time
07 Jul 2023, 16:21:49 UTC
Previous filing
06 Jul 2022
Next filing
07 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UONE Class D Common Stock Award $0 +8,418 +37% $0.000000 30,937 05 Jul 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock, pursuant to Rule 16b-3, which will vest in two equal annual installments beginning July 6, 2024. The number of shares was determined by dividing $50,000 by the closing price of the Company's Class D shares on July 5, 2023. The closing price of the Class D shares on that date was $5.94.
F2 The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D.