Filing Details

Accession Number:
0001162953-22-000001
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-13 16:45:49
Reporting Period:
2022-05-11
Accepted Time:
2022-05-13 16:45:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1041657 Urban One Inc. UONE/UONEK Radio Broadcasting Stations (4832) 521166660
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1162953 Geoffrey D Armstrong 5900 Princess Garden Parkway
7Th Fl
Lanham MD 20706
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 D Common Stock Acquisiton 2022-05-11 30,120 $0.00 208,541 No 4 M Direct
Class D Common Stock Disposition 2022-05-11 14,931 $6.06 193,610 No 4 S Direct
Class D Common Stock Disposition 2022-05-11 15,189 $6.05 178,421 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class D Common Stick Restricted Stock Unit Disposition 2022-05-11 30,120 $0.00 30,120 $0.83
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
208,541 2013-06-05 2022-06-05 No 4 M Direct
Footnotes
  1. Represents the exercise of previously granted restricted stock unit options, with an exercise price of $0.83 per share. These options were to expire on June 5, 2022.
  2. A majority of the proceeds from these sales will be used to cover the reporting person's tax liability arising from option exercises.
  3. The price reported in Column 4 is a weighted average price upon sake after exercise of the underlying stock options. The reporting person undertakes to provide to Urban One, Inc., any security holder of Urban One, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
  4. The total represents all Class A and Class D common stock shares held by the reporting person. After the transaction reported herein, the reporting person additionally beneficially owns 10,000 shares of Class A common stock and 168,421 shares of Class D common stock for a total of 178,421 shares across all classes of Urban One, Inc. stock, Classes A, B, C, and D. This number does not include options as per the transactions reported herein Mr. Armstrong no longer holds options.