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Filing Details

Accession Number:: 0001221506-20-000004
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-06-29 14:34:14
Reporting Period:: 2020-01-06

Accepted Time:: 2020-06-29 14:34:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1041657	Urban One Inc.	UONE/UONEK	Radio Broadcasting Stations (4832)	521166660

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1221506	C Alfred Liggins	1010 Wayne Avenue 14Th Floor Silver Spring MD 20910	Ceo	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
Class D Common Stock	Acquisiton	2020-01-06	459,173	$1.85	14,014,194	No	4	A	Direct
Class D Common Stock	Acquisiton	2020-06-11	729,873	$0.76	14,744,067	No	4	P	Direct
Class A Common Stock	Disposition	2020-06-22	16,600	$26.57	14,727,467	No	4	S	Direct
Class A Common Stock	Disposition	2020-06-22	558,309	$23.96	14,169,158	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	P	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

As reported in our Form 10-Q filed November 12, 2019, Form 10K filed April 29,2020 and Form 10-Q filed represents a grant of restricted stock units under the Urban One, inc. 2019 Equity and Other Incentive Plan. The grants were effective June 12, 2019 and vested on January 6, 2020. The grant was for 656,142 restricted shares of the Company's Class D common stick and the 459,173 represents the retained amounts after the withholding of 196,969 shares for taxes.
As previously reported on our Form 8-K filed June 17, 2020.
As previously reported on our Form 8-K filed June 22, 2020. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $26.11 to $26.99, inclusive. The reporting person undertakes to provide to Urban One, Inc., any security holder of Urban One, Inc. 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 range set forth in this Form 4.
As previously reported on our Form 8-K filed June 22, 2020. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.23 to $24.20, inclusive. The reporting person undertakes to provide to Urban One, Inc., any security holder of Urban One, Inc. 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 range set forth in this Form 4.
The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. After giving effect to the reported transactions, the reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) no shares of Class A common stock, the sales reported herein represented a complete disposition of his Class A holdings (2) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (3) 605,313 shares of Class C common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (4) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (5) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (6) 1,819,071 shares of Class D common stock held by Alfred C. Liggins; (7) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust;
CONTINUED (8) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (9) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (10) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (11) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.
This total does not include options to purchase 1,563,240 shares of Class D common stock held by Mr. Liggins. Mr. Liggins holds options for 587,000 Class D shares with an exercise price of $2.75 per share, options for 333,059 Class D shares with an exercise price of $1.90 per share, options for 351, 562 Class D shares with an exercise price of $1.80 per share, and options for 291, 619 Class D shares with an exercise price of $2.17 per share.