Geoffrey Armstrong - Jun 16, 2021 Form 4 Insider Report for URBAN ONE, INC. (UONE)

Role
Director
Signature
Karen Wishart
Stock symbol
UONE
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
4
Date filed
6/21/2021, 09:21 AM
Previous filing
May 20, 2021
Next filing
Mar 17, 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 +4.88% 196K Jun 16, 2021 Direct F1
transaction UONE Class D Common Stock Award +12.5K +6.38% 209K Jun 17, 2021 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of a grant of restricted stock units pursuant to our director compensation policy; our non-employee directors each receive $50,000 of restricted stock units which vest over a two-year period. The number of shares was determined by dividing the closing price of our Class D common stock on the date of the applicable annual meeting 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 208,541 shares of Urban One, Inc. common stock as follows: (1) 10,000 shares of Class A common stock; and (2) 198,541 shares of Class D common stock.
F3 This total includes options to purchase 30,120 shares of Class D common stock held by Mr. Armstrong, with an exercise price of $0.83 per share.
F4 This total is adjusted from the Form 4 previously filed on May 20, 2021 as the following options included in the total have expired: 22,935 Class D shares with an exercise price of $1.09 per share.