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Filing Details

Accession Number:: 0001144204-11-019905
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-04-04 12:18:50
Reporting Period:: 2011-03-30

Filing Date:: 2011-04-04
Accepted Time:: 2011-04-04 12:18:50
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
1409510	B. David Doft	C/O Mdc Partners Inc. 950 Third Avenue New York NY 10022	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Shares	Disposition	2011-03-30	10,000	$16.37	106,179	No	4	S	Direct
Class A Shares	Disposition	2011-03-31	5,000	$16.54	101,179	No	4	S	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Shares	1,000	Indirect	See FN

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Shares	Stock Appreciation Rights	$3.72	2010-02-12	2014-02-12	128,205	128,205	Direct
Restricted Stock	Extraordinary Equity Value Appre. Restricted Stock Awards	$0.00		2013-12-31	45,000	45,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2014-02-12	128,205	128,205	Direct
2013-12-31	45,000	45,000	Direct

Footnotes

Held in a UTMA account for benefit of a minor child of the Reporting Person.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.32 to $16.50 on March 30, 2011 and $16.50 to $16.60 on March 31, 2011, inclusive. The reporting person undertakes to provide to MDC Partners Inc., any security holder of MDC Partners 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 ranges set forth in footnote (3) to this Form 4.
In connection with the referenced sale, the Reporting Person has reconfirmed his commitment to continue to comply with the Company's Stock Ownership Guidelines. The sale by the Reporting Person represents less than 15% of such individual's holdings, and was made for portfolio diversification purposes.
SARs granted February 12, 2009, vested 33% on the first anniversary of the grant date, 33% vest on the second anniversary of the grant date, and 34% vest on the third anniversary of the grant date, and all expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.
These Extraordinary Equity Value Appreciation Restricted Stock Awards ("EVARs") granted under the Issuer's EVARs program (previously disclosed by the Issuer on Form 8-K dated January 26, 2011) represent the right to receive shares of Restricted Stock on a one-to-one basis upon the Issuer's achievement of stock price targets equal to $20.00 (15,000 EVARs), $22.75 (15,000 EVARs) and $26.25 (15,000 EVARs), as described in greater detail in the EVAR Letter Agreement.