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Filing Details

Accession Number:: 0000899243-21-031373
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-03 19:01:28
Reporting Period:: 2020-06-16

Accepted Time:: 2021-08-03 19:01:28
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
876883	Stagwell Inc	MDC	Services-Advertising Agencies (7311)	980364441

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1447253	J. Bradley Gross	C/O Goldman Sachs &Amp; Co. Llc 200 West Street New York NY 10282		Yes	No	No	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	2020-06-16	8,887	$1.41	16,523	No	4	P	Indirect	See Footnotes
Class A Subordinate Voting Shares	Disposition	2020-06-16	8,887	$1.41	7,636	No	4	S	Indirect	See Footnotes
Class A Subordinate Voting Shares	Acquisiton	2020-06-17	18,260	$1.36	25,899	No	4	P	Indirect	See Footnotes
Class A Subordinate Voting Shares	Disposition	2020-06-17	18,260	$1.36	7,639	No	4	S	Indirect	See Footnotes
Class A Subordinate Voting Shares	Acquisiton	2020-07-07	4,613	$2.06	12,316	No	4	P	Indirect	See Footnotes
Class A Subordinate Voting Shares	Disposition	2020-07-07	4,613	$2.06	7,703	No	4	S	Indirect	See Footnotes

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

Footnotes

These transactions in the Class A Subordinate Voting Shares (the "Class A Shares") of MDC Partners Inc. (the "Issuer") have not previously been reported on Form 4 and were effected by Goldman Sachs & Co. LLC ("Goldman Sachs") acting as agent on behalf of certain international affiliates that had entered into riskless principal trades in connection with client trade facilitation in the ordinary course of their business.
Without conceding riskless principal trades in connection with client trade facilitation in the ordinary course of business can result in liability under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act"), the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) will be remitted to the Issuer.
The Reporting Person is a managing director of Goldman Sachs. Goldman Sachs is a subsidiary of by The Goldman Sachs Group, Inc. ("GS Group").
Goldman Sachs and GS Group may be deemed to beneficially own 7,703 Class A Shares acquired by Goldman Sachs or another wholly-owned broker or dealer subsidiary of GS Group in ordinary course trading activities.
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 Exchange Act, or for any other purpose.