D. Geoffrey Armstrong - 16 Jun 2022 Form 4 Insider Report for URBAN ONE, INC. (UONE)

Role: Director
Signature: Karen Wishart, Attorney-In-Fact
Issuer symbol: UONE
Transactions as of: 16 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Jun 2022, 16:51:03 UTC
Previous filing: 06 Jun 2022
Next filing: 06 Jul 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	Award		+9,124	+5.1%		187,545	16 Jun 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 Class A and Class D common stock shares held by the reporting person. After the transaction reported herein, the reporting person additionally beneficially owns 10,000 shares of Class A common stock and 177,545 shares of Class D common stock for a total of 187,545 shares across all classes of Urban One, Inc. stock, Classes A, B, C, and D. This number does not include options as per the transactions reported herein Mr. Armstrong no longer holds options.

Content

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.

The total represents all Class A and Class D common stock shares held by the reporting person. After the transaction reported herein, the reporting person additionally beneficially owns 10,000 shares of Class A common stock and 177,545 shares of Class D common stock for a total of 187,545 shares across all classes of Urban One, Inc. stock, Classes A, B, C, and D. This number does not include options as per the transactions reported herein Mr. Armstrong no longer holds options.