Mark Penn - Feb 28, 2022 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: Feb 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/2/2022, 07:01 PM
Previous filing: Feb 4, 2022
Next filing: Aug 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STGW	Class A Common Stock	Award	$0	+162K	+16.16%	$0.00	1.16M	Feb 28, 2022	Direct	F1
holding	STGW	Class A Common Stock						26.5M	Feb 28, 2022	See Footnote	F2

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

Explanation of Responses:

Id	Content
F1	Represents 161,765 restricted shares of Class A Common Stock of the Issuer awarded to the Reporting Person on February 28, 2022. The restricted shares will vest in full on February 28, 2023, subject to the Reporting Person's continued service through such date.
F2	The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell Group"). Stagwell Group directly holds 130,000 shares of Class A Common Stock of the Issuer. Stagwell Group is the manager of Stagwell Agency Holdings LLC, which directly holds 26,372,414 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, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

Represents 161,765 restricted shares of Class A Common Stock of the Issuer awarded to the Reporting Person on February 28, 2022. The restricted shares will vest in full on February 28, 2023, subject to the Reporting Person's continued service through such date.

The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell Group"). Stagwell Group directly holds 130,000 shares of Class A Common Stock of the Issuer. Stagwell Group is the manager of Stagwell Agency Holdings LLC, which directly holds 26,372,414 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, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.