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