0001104659-23-082818.txt : 20230720
0001104659-23-082818.hdr.sgml : 20230720
20230720204242
ACCESSION NUMBER: 0001104659-23-082818
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230718
FILED AS OF DATE: 20230720
DATE AS OF CHANGE: 20230720
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Penn Mark Jeffery
CENTRAL INDEX KEY: 0001771735
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13718
FILM NUMBER: 231100871
MAIL ADDRESS:
STREET 1: 1808 I STREENET, NW
STREET 2: 6TH FLOOR
CITY: WASHINGTON
STATE: DC
ZIP: 20006
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Stagwell Inc
CENTRAL INDEX KEY: 0000876883
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311]
IRS NUMBER: 980364441
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE WORLD TRADE CENTER, FLOOR 65
CITY: NEW YORK
STATE: NY
ZIP: 10007
BUSINESS PHONE: 646 429 1800
MAIL ADDRESS:
STREET 1: ONE WORLD TRADE CENTER, FLOOR 65
CITY: NEW YORK
STATE: NY
ZIP: 10007
FORMER COMPANY:
FORMER CONFORMED NAME: MDC Stagwell Holdings Inc
DATE OF NAME CHANGE: 20210729
FORMER COMPANY:
FORMER CONFORMED NAME: MDC PARTNERS INC
DATE OF NAME CHANGE: 20040206
FORMER COMPANY:
FORMER CONFORMED NAME: MDC CORP INC
DATE OF NAME CHANGE: 20001204
4
1
tm2321788-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2023-07-18
0
0000876883
Stagwell Inc
STGW
0001771735
Penn Mark Jeffery
C/O THE STAGWELL GROUP LLC
1808 I STREET, NW 6TH FLOOR
WASHINGTON
DC
20006
1
1
1
0
Chief Executive Officer
0
Class A Common Stock
2023-07-18
4
M
0
500000
2.19
A
2817924
D
Class A Common Stock
2023-07-18
4
D
0
133700
8.19
D
2684224
D
Class A Common Stock
2023-07-18
4
F
0
143731
8.19
D
2540493
D
Class A Common Stock
130000
I
See Footnote
Stock Appreciation Rights
2.19
2023-07-18
4
M
0
500000
0
D
2020-03-18
2024-03-18
Class A Common Stock
500000
1000000
D
Represents the exercise of Stock Appreciation Rights (SARs) and settlement in shares of Class A Common Stock.
Represents shares withheld by the issuer to satisfy tax withholding requirements on the reported exercise and settlement of SARs.
Held by The Stagwell Group LLC ("Stagwell Group"). The Reporting Person is the controlling person of Stagwell Group. Amounts reported as indirectly held previously included 14,067,837 shares of Class A Common Stock of the Issuer held by Stagwell Agency Holdings LLC. As disclosed in the Schedule 13D/A filed by the Reporting Person on May 19, 2023, such shares were previously distributed to certain limited partners of Stagwell Media LP for no consideration. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The SARs vested in equal installments on March 18, 2020, March 18, 2021 and March 18, 2022.
/s/ Mark Penn
2023-07-20