Alfred C. Liggins - Sep 27, 2022 Form 4/A - Amendment Insider Report for URBAN ONE, INC. (UONE)

Role
CEO, Director, 10%+ Owner
Signature
Karen Wishart, Attorney-in-Fact
Stock symbol
UONE
Transactions as of
Sep 27, 2022
Transactions value $
-$543,094
Form type
4/A - Amendment
Date filed
9/30/2022, 04:24 PM
Date Of Original Report
Sep 29, 2022
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UONE Class D Common Stock Award $0 +337K +2.78% $0.00 12.5M Sep 27, 2022 Direct F1
transaction UONE Class D Common Stock Tax liability -$543K -128K -1.03% $4.23 12.3M Sep 27, 2022 Direct F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UONE Restricted Stock Units (Class A) Award $0 +469K $0.00 469K Sep 27, 2022 Class A Common Stock 469K $0.00 Direct F5
transaction UONE Stock Option (Class D) Award $0 +170K +9.02% $0.00 2.05M Sep 27, 2022 Class D Common Stock 170K $4.23 Direct
transaction UONE Stock Option (Class D) Award $0 +156K +7.63% $0.00 2.21M Sep 27, 2022 Class D Common Stock 156K $4.23 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award vested immediately upon pricing.
F2 Amendment updates shares withheld for tax which were estimated for timely filing and understated shares withheld by 179 shares.
F3 Urban One, Inc. has four classes of stock, Classes A, B, C, and D. Across all classes the reporting persons owns Urban One, Inc. stock as follows: (1) 620,918 shares of Class A common stock (exclusive of the Class A RSUs reported herein); (2) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (3) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (4) 3,526,448 shares of Class D common stock held by Alfred C. Liggins; (5) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust; (continued in next footnote)
F4 (continued from previous footnote) (6) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (7) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (8) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (9) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. The reporting person also holds the derivative securities reported in Table II.
F5 No expiration date.