Terry L. Jones - Jun 16, 2022 Form 4 Insider Report for URBAN ONE, INC. (UONE)

Role
Director
Signature
Karen Wishart, Attorney-In-Fact
Stock symbol
UONE
Transactions as of
Jun 16, 2022
Transactions value $
$0
Form type
4
Date filed
6/17/2022, 04:36 PM
Previous filing
May 27, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UONE Class D Common Stock Award +9.12K +3.36% 280K Jun 16, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the second vesting under a June 16, 2020 grant of restricted stock pursuant to our director compensation policy. Under the June 16, 2020 grant, each non-employee director was granted $50,000 or 18,248 shares of Class D Common Stock vesting 50% (9,124 shares) on June 16, 2021 and 50% (9,124 shares) on June 16, 2022. The number of shares was determined by dividing $2.74, the closing price of our Class D common stock on June 16, 2020 into $50,000.
F2 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: 280,286 shares of Class D common stock. This number does not include options as per the transactions reported herein Mr. Jones no longer holds options.