Catherine L. Hughes - 27 Sep 2022 Form 4/A - Amendment Insider Report for URBAN ONE, INC. (UONE)

Role
Chairperson and Secretary, Director, 10%+ Owner
Signature
Karen Wishart, Attorney-in-Fact
Issuer symbol
UONE
Transactions as of
27 Sep 2022
Net transactions value
-$283,287
Form type
4/A - Amendment
Filing time
30 Sep 2022, 16:40:46 UTC
Date Of Original Report
29 Sep 2022
Next filing
09 Jan 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 +201,961 +4.6% $0.000000 4,598,176 27 Sep 2022 Direct F1
transaction UONE Class D Common Stock Tax liability $283,287 -66,971 -1.5% $4.23 4,531,205 27 Sep 2022 Direct F2, F3, F4

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 UONE Restricted Stock Units (Class A) Award $0 +281,250 $0.000000 281,250 27 Sep 2022 Class A Common Stock 281,250 $0.000000 Direct F5
transaction UONE Stock Option (Class D) Award $0 +101,702 +9.5% $0.000000 1,170,289 27 Sep 2022 Class D Common Stock 101,702 $4.23 Direct
transaction UONE Stock Option (Class D) Award $0 +93,750 +8% $0.000000 1,264,039 27 Sep 2022 Class D Common Stock 93,750 $4.23 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award vested immediately upon pricing.
F2 Amendment updates shares withheld for tax which were estimated for timely filing and understated shares withheld by 1 share.
F3 Urban One, Inc. has four classes of stock, Classes A, B, C, and D. Across all classes the reporting persons owns Urban One, Inc. stock as follows: (1) zero shares of Class A common stock (exclusive of the Class A RSUs reported herein), (2) 851,536 shares of Class B common stock held by the Hughes Revocable Trust; (3) 247,366 shares of Class C common stock held by the Hughes Revocable Trust U/A/D; (4) 1,124,560 shares of Class C common stock held by the Dynastic Trust U/A/D; (5) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (continued in next footnote)
F4 (continued from previous footnote)(6) 719,169 shares of Class D common stock held by Catherine Hughes; (7) 1,015,937 shares of Class D common stock held by the Hughes Revocable Trust; (8) 494,732 shares of Class D common stock held by the Hughes Revocable Trust U/A/D; (cont.) (9) 1,749,464 shares of Class D common stock held by the Hughes Revocable Trust UA; (10) 520,404 shares of Class D common stock held by the Dynastic Trust U/A/D; and (11) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. The reporting person also holds the derivative securities reported in Table II.
F5 Not applicable.