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Filing Details

Accession Number:: 0001104659-20-038999
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-03-26 20:49:41
Reporting Period:: 2020-03-24

Accepted Time:: 2020-03-26 20:49:41
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
876883	Mdc Partners Inc	MDCA	Services-Advertising Agencies (7311)	980364441

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1771735	Jeffery Mark Penn	C/O The Stagwell Group Llc 1808 I Street, Nw 6Th Floor Washington DC 20006	Chief Executive Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Subordinate Voting Shares	Acquisiton	2020-03-24	10,000	$1.22	14,295,714	No	4	P	Indirect	See Footnote
Class A Subordinate Voting Shares	Acquisiton	2020-03-25	40,000	$1.41	14,335,714	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Subordinate Voting Shares	602,500	Direct

Footnotes

The purchase price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $1.20 and $1.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
The Class A Subordinate Voting Shares purchased in this transaction were purchased directly by The Stagwell Group LLC ("Stagwell"). The Reporting Person is the controlling person of Stagwell. Stagwell is the manager of Stagwell Agency Holdings LLC, which directly holds 14,285,714 Class A Subordinate Voting Shares of the Issuer. 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 purchase price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $1.34 and $1.48, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Includes 577,500 shares of unvested Restricted Stock (Class A Subordinate Voting Shares) of the Issuer.