Filing Details

Accession Number:
0001162953-21-000001
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-20 16:58:12
Reporting Period:
2021-05-18
Accepted Time:
2021-05-20 16:58:12
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
1162953 Geoffrey D Armstrong 5900 Princess Garden Parkway
7Th Fl
Lanham MD 20706
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class D Common Stock Disposition 2021-05-18 21,929 $0.00 245,150 No 4 M Direct
Class D Common Stock Disposition 2021-05-18 35,298 $3.59 209,852 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class D Common Stock Restricted Stock Unit Disposition 2021-05-18 21,929 $0.00 21,929 $0.00
Class D Common Stock Stock Option to purchase Class D Common Stock Disposition 2021-05-18 13,369 $0.00 13,369 $1.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
13,369 2011-06-06 2021-06-06 No 4 A Direct
Footnotes
  1. Represents vesting of a grant of restricted stock units pursuant to our director compensation policy; our non-employee directors each receive $50,000 of restricted stock units which vest over a two-year period. The number of shares was determined by dividing the closing price of our Class D common stock on the date of the applicable annual meeting into $50,000.
  2. The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of 209,852 shares of Urban One, Inc. common stock as follows: (1) 10,000 shares of Class A common stock; and (2) 199,852 shares of Class D common stock.
  3. This total includes options to purchase 53,055 shares of Class D common stock held by Mr. Armstrong. Mr. Armstrong holds options for 22.935 Class D shares with an exercise price of $1.09 per share, and options for 30,120 Class D shares with an exercise price of $0.83 per share.
  4. Represents a grant of restricted stock units under the company's board compensation plan. On June 14, 2013, Mr. Armstrong was granted 21,929 shares of restricted Class D common stock in accordance with our board compensation policy. The number of shares was determined by dividing $2.28, the closing price of our Class D common stock on June 14, 2013 into $50,000 and vested in equal parts over a two year period.
  5. Not applicable