LANUTO FRANK P (EVP, Chief Financial Officer) exercised options at STAGWELL INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
Class A Common Stock
Shares
+225K
Price / share
$2.91
Trade value
$654.75K
% of position
Class A Common Stock
Shares
−87.77K
Price / share
$7.46
Trade value
$654.76K
% of position
Class A Common Stock
Shares
−72.23K
Price / share
$7.46
Trade value
$538.85K
% of position
Class A Common Stock
Shares
+225K
Price / share
$5.00
Trade value
$1.13M
% of position
Class A Common Stock
Shares
−150.81K
Price / share
$7.46
Trade value
$1.13M
% of position
Class A Common Stock
Shares
−39.05K
Price / share
$7.46
Trade value
$291.34K
% of position
Net shares
+100.14K
Net value
-$830.20K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 6/29/2023 | M · Option Exercise | +225K | $2.91 | $654.75K | 37.2% | 605.60K | 830.60K |
| Class A Common Stock Direct | 6/29/2023 | D · Disposition | −87.77K | $7.46 | $654.76K | 10.6% | 830.60K | 742.84K |
| Class A Common Stock Direct | 6/29/2023 | F · Tax Withholding | −72.23K | $7.46 | $538.85K | 9.7% | 742.84K | 670.60K |
| Class A Common Stock Direct | 6/29/2023 | M · Option Exercise | +225K | $5.00 | $1.13M | 33.6% | 670.60K | 895.60K |
| Class A Common Stock Direct | 6/29/2023 | D · Disposition | −150.81K | $7.46 | $1.13M | 16.8% | 895.60K | 744.80K |
| Class A Common Stock Direct | 6/29/2023 | F · Tax Withholding | −39.05K | $7.46 | $291.34K | 5.2% | 744.80K | 705.75K |
| Total | +100.14K | -$830.20K | ||||||
Stock Appreciation Right
Class A Common Stock
225K shares
Shares
−225K
Strike price
2.91
Held after
0.00
Exercisable
—
Stock Appreciation Right
Class A Common Stock
225K shares
Shares
−225K
Strike price
5.00
Held after
0.00
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Appreciation Right Direct | Class A Common Stock225K shares | 6/29/2023 | M · Option Exercise | −225K | 2.91 | — | 0.00 |
| Stock Appreciation Right Direct | Class A Common Stock225K shares | 6/29/2023 | M · Option Exercise | −225K | 5.00 | — | 0.00 |