Geoffrey Armstrong - Jul 5, 2023 Form 4 Insider Report for URBAN ONE, INC. (UONE)

Role
Director
Signature
Karen Wishart, Attorney-in-fact
Stock symbol
UONE
Transactions as of
Jul 5, 2023
Transactions value $
$0
Form type
4
Date filed
7/7/2023, 04:41 PM
Previous filing
Jun 16, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UONE Class D Common Stock Award $0 +8.42K +4.03% $0.00 217K Jul 5, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock, pursuant to Rule 16b-3, which will vest in two equal annual installments beginning July 6, 2024. The number of shares was determined by dividing 50,000 by the closing price of the Company's Class D shares on July 5, 2023. The closing price of the Class D shares on that date was $5.94.
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.