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

Role
CEO, Director, 10%+ Owner
Signature
Karen Wishart, Attorney-in-Fact
Issuer symbol
UONE
Transactions as of
27 Sep 2022
Net transactions value
-$543,094
Form type
4/A - Amendment
Filing time
30 Sep 2022, 16:24:06 UTC
Date Of Original Report
29 Sep 2022
Next filing
09 Jan 2024
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 $0 +336,602 +2.8% $0.000000 12,453,245 27 Sep 2022 Direct F1
transaction UONE Class D Common Stock Tax liability $543,094 -128,391 -1% $4.23 12,324,854 27 Sep 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 +468,750 $0.000000 468,750 27 Sep 2022 Class A Common Stock 468,750 $0.000000 Direct F5
transaction UONE Stock Option (Class D) Award $0 +169,503 +9% $0.000000 2,049,149 27 Sep 2022 Class D Common Stock 169,503 $4.23 Direct
transaction UONE Stock Option (Class D) Award $0 +156,250 +7.6% $0.000000 2,205,399 27 Sep 2022 Class D Common Stock 156,250 $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.