Terry L. Jones - 25 May 2022 Form 4 Insider Report for URBAN ONE, INC. (UONE)

Role
Director
Signature
Karen Wishart, Attorney-In-Fact
Issuer symbol
UONE
Transactions as of
25 May 2022
Net transactions value
-$739,155
Form type
4
Filing time
27 May 2022, 14:06:19 UTC
Previous filing
21 Jun 2021
Next filing
17 Jun 2022
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 Options Exercise $25,000 +30,120 +8.1% $0.8300* 401,282 25 May 2022 Direct F1
transaction UONE Class D Common Stock Sale $380,704 -62,719 -16% $6.07 338,563 25 May 2022 Direct F2
transaction UONE Class D Common Stock Sale $408,450 -67,401 -20% $6.06 271,162 26 May 2022 Direct F2, F3

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 Unit Options Exercise $25,000 +30,120 +8.1% $0.8300* 401,282 25 May 2022 Class D Common Stick 30,120 $0.8300 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of previously granted restricted stock unit options, with an exercise price of $0.83 per share. These options were to expire on June 5, 2022.
F2 The price reported in Column 4 is a weighted average price upon sake after exercise of the underlying stock options. The reporting person undertakes to provide to Urban One, Inc., any security holder of Urban One, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: 271,162 shares of Class D common stock. This number does not include options as per the transactions reported herein Mr. Jones no longer holds options.