Irwin D. Simon - Jun 14, 2023 Form 4 Insider Report for Stagwell Inc (STGW)

Role
Director
Signature
/s/ Edmund Graff, attorney-in-fact
Stock symbol
STGW
Transactions as of
Jun 14, 2023
Transactions value $
-$59,630
Form type
4
Date filed
6/16/2023, 06:26 PM
Previous filing
Jun 5, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STGW Class A Common Stock Award $0 +18.9K +14.11% $0.00 153K Jun 14, 2023 Direct F1
transaction STGW Class A Common Stock Tax liability -$59.6K -7.53K -4.92% $7.92 146K Jun 14, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was awarded restricted stock units as a component of non-employee director compensation. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will vest in full on the first anniversary of the date of grant.
F2 Represents shares withheld by the issuer to satisfy tax withholding requirements on the nonreportable vesting of restricted stock.