Filing Details

Accession Number:
0001104659-22-059617
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-12 18:17:42
Reporting Period:
2022-05-10
Accepted Time:
2022-05-12 18:17:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
876883 Stagwell Inc STGW Services-Advertising Agencies (7311) 980364441
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1877589 Eli Samaha C/O Stagwell Inc.
One World Trade Center, Floor 65
New York NY 10007
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 A Common Stock Acquisiton 2022-05-10 37,606 $6.79 5,790,816 No 4 P Indirect See footnote
Class A Common Stock Acquisiton 2022-05-11 556,846 $6.91 6,347,662 No 4 P Indirect See footnote
Class A Common Stock Acquisiton 2022-05-12 50,000 $6.90 6,397,662 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
No 4 P Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 25,000 Direct
Footnotes
  1. The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.61 to $6.80, 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 purchased at each separate price within the ranges set forth in this footnote.
  2. The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.855 to $7.05, 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 purchased at each separate price within the ranges set forth in this footnote.
  3. The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.78 to $6.90, 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 purchased at each separate price within the ranges set forth in this footnote.
  4. These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial ownership of such securities.