Mark Penn - Dec 14, 2021 Form 4 Insider Report for Stagwell Inc (STGW)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Mark Penn
Stock symbol: STGW
Transactions as of: Dec 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/15/2021, 05:00 PM
Previous filing: Oct 19, 2021
Next filing: Feb 4, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	STGW	Stock Appreciation Rights	Award	$0	+1.5M		$0.00	1.5M	Dec 14, 2021	Class A Common Stock	1.5M	$8.27	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock Appreciation Rights (SARS) granted December 14, 2021 to the reporting person vest and are exercisable in three equal installments (each consisting of 500,000 underlying shares of Class A Common Stock) on each of the first three (3) anniversaries of the grant date, and expire on the fifth anniversary of the grant date. The grant of 1,312,000 of the SARS is subject to approval by the Issuer's stockholders of amendments to its Amended and Restated 2016 Stock Incentive Plan.

Content

Stock Appreciation Rights (SARS) granted December 14, 2021 to the reporting person vest and are exercisable in three equal installments (each consisting of 500,000 underlying shares of Class A Common Stock) on each of the first three (3) anniversaries of the grant date, and expire on the fifth anniversary of the grant date. The grant of 1,312,000 of the SARS is subject to approval by the Issuer's stockholders of amendments to its Amended and Restated 2016 Stock Incentive Plan.