0001104659-23-032289.txt : 20230314
0001104659-23-032289.hdr.sgml : 20230314
20230314161605
ACCESSION NUMBER: 0001104659-23-032289
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230314
FILED AS OF DATE: 20230314
DATE AS OF CHANGE: 20230314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Penn Mark Jeffery
CENTRAL INDEX KEY: 0001771735
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13718
FILM NUMBER: 23731182
MAIL ADDRESS:
STREET 1: 1808 I STREENET, NW
STREET 2: 6TH FLOOR
CITY: WASHINGTON
STATE: DC
ZIP: 20006
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Stagwell Inc
CENTRAL INDEX KEY: 0000876883
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311]
IRS NUMBER: 980364441
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE WORLD TRADE CENTER, FLOOR 65
CITY: NEW YORK
STATE: NY
ZIP: 10007
BUSINESS PHONE: 646 429 1800
MAIL ADDRESS:
STREET 1: ONE WORLD TRADE CENTER, FLOOR 65
CITY: NEW YORK
STATE: NY
ZIP: 10007
FORMER COMPANY:
FORMER CONFORMED NAME: MDC Stagwell Holdings Inc
DATE OF NAME CHANGE: 20210729
FORMER COMPANY:
FORMER CONFORMED NAME: MDC PARTNERS INC
DATE OF NAME CHANGE: 20040206
FORMER COMPANY:
FORMER CONFORMED NAME: MDC CORP INC
DATE OF NAME CHANGE: 20001204
4
1
tm239523-2_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2023-03-14
0
0000876883
Stagwell Inc
STGW
0001771735
Penn Mark Jeffery
C/O THE STAGWELL GROUP LLC
1808 I STREET, NW 6TH FLOOR
WASHINGTON
DC
20006
1
1
1
0
Chief Executive Officer
Class A Common Stock
2023-03-14
4
S
0
12000000
6.4294
D
14502414
I
See Footnote
Class A Common Stock
2317924
D
The reported securities were sold by Stagwell Agency Holdings LLC in an underwritten public offering (the "Secondary Offering"). This amount represents the $6.75 secondary public offering price per share of Class A Common Stock of the Issuer, less the underwriting discount of $0.320625 per share sold in the Secondary Offering.
The Reporting Person is the controlling person of The Stagwell Group LLC ("Stagwell Group"). Stagwell Group directly holds 130,000 shares of Class A Common Stock of the Issuer. Stagwell Group is the manager of Stagwell Agency Holdings LLC, which directly holds 14,372,414 shares of Class A Common Stock of the Issuer following the reported transaction. 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 Securities Exchange Act of 1934, as amended, or for any other purpose.
/s/ Mark Penn
2023-03-14