Geoffrey Armstrong - Jul 5, 2024 Form 4 Insider Report for URBAN ONE, INC. (UONEK)

Role
Director
Signature
Karen Wishart
Stock symbol
UONEK
Transactions as of
Jul 5, 2024
Transactions value $
$0
Form type
4
Date filed
7/9/2024, 05:25 PM
Previous filing
Jun 11, 2024
Next filing
Aug 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UONEK Class D Common Stock Award $0 +53.6K +23.65% $0.00 280K Jul 5, 2024 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 annual installments beginning July 5, 2025. The number of shares was determined by dividing $75,000 by the closing price of the Company's Class D shares on July 5, 2024. The closing price of the Class D shares on that date was $1.40.
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.