UONE

SEC source: 0000921895-21-000167 · form410608001_01262021.xml · nonDerivative · entry 4

SEMLER ERIC · CIK 0001162095 · 10% owner

TCS CAPITAL MANAGEMENT LLC · CIK 0001167167 · 10% owner

TCS Capital Advisors, LLC · CIK 0001842555 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 200,000

F1 · security: This Form 4 is filed jointly by TCS Capital Management, LLC ("TCS Management"), TCS Capital Advisors, LLC ("TCS Advisors") and Eric Semler (collectively, the "Reporting Persons").

F2 · security: Each Reporting Person may be deemed to be a member of a "group" that owns more than 10% of the Issuer's outstanding shares of Class A Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000921895-21-000167 · form410608001_01262021.xml · nonDerivative · entry 2

SEMLER ERIC · CIK 0001162095 · 10% owner

TCS CAPITAL MANAGEMENT LLC · CIK 0001167167 · 10% owner

TCS Capital Advisors, LLC · CIK 0001842555 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By TCS Capital Advisors, LLC

Disclosed balance after: 575,480

F1 · security: This Form 4 is filed jointly by TCS Capital Management, LLC ("TCS Management"), TCS Capital Advisors, LLC ("TCS Advisors") and Eric Semler (collectively, the "Reporting Persons").

F2 · security: Each Reporting Person may be deemed to be a member of a "group" that owns more than 10% of the Issuer's outstanding shares of Class A Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Securities held directly by TCS Advisors. TCS Management, as the investment advisor of TCS Advisors, may be deemed to beneficially own the securities held directly by TCS Advisors. Mr. Semler, as the managing member of TCS Management, may be deemed to beneficially own the securities held directly by TCS Advisors.

SEC source: 0001437482-21-000001 · primary_doc.xml · derivative · entry 3

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 108,333

Underlying: Class D Common Stock · 108,333 shares

Expires 2030-06-05

SEC source: 0001437482-21-000001 · primary_doc.xml · derivative · entry 2

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class D Common Stock · 159,692 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Represents a grant of restricted stock units under the Urban One, Inc. 2019 Equity and Other Incentive Plan. On June 12, 2019 the Compensation Committee granted Mr. Thompson 427,148 restricted shares of Class D Common Stock and stock options to purchase 108,333 shares of Class D Common Stock. The grants were effective June 5, 2020 and vested on January 6, 2021. On the vesting date, 84,058 shares were withheld to cover income taxes attributable to the vesting.

F3 · derivative.expiration_date: Not applicable

SEC source: 0001437482-21-000001 · primary_doc.xml · nonDerivative · entry 1

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 194,603

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0001175204-21-000001 · primary_doc.xml · derivative · entry 3

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 94,150

Underlying: Class D Common Stock · 94,150 shares

Expires 2030-06-05

SEC source: 0001175204-21-000001 · primary_doc.xml · derivative · entry 2

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class D Common Stock · 156,270 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Represents a grant of restricted stock units under the Urban One, Inc. 2019 Equity and Other Incentive Plan. On June 12, 2019 the Compensation Committee granted Mr. Kantor 211,838 restricted shares of Class D Common Stock and stock options to purchase 94,150 shares of Class D Common Stock. The grants were effective June 5, 2020 and vested on January 6, 2021. On the vesting date, 55,568 shares were withheld to cover income taxes attributable to the vesting.

F3 · derivative.expiration_date: Not applicable

SEC source: 0001175204-21-000001 · primary_doc.xml · nonDerivative · entry 1

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 156,270

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0001106637-21-000001 · primary_doc.xml · derivative · entry 3

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 189,843

Underlying: Class D Common Stock · 189,843 shares

Expires 2030-06-05

SEC source: 0001106637-21-000001 · primary_doc.xml · derivative · entry 2

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class D Common Stock · 281,520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: Represents a grant of restricted stock units under the Urban One, Inc. 2019 Equity and Other Incentive Plan. On June 12, 2019 the Compensation Committee granted Ms. Hughes 427,148 restricted shares of Class D Common Stock and stock options to purchase 189,843 shares of Class D Common Stock. The grants were effective June 5, 2020 and vested on January 6, 2021. On the vesting date, 145,628 shares were withheld to cover income taxes attributable to the vesting.

F6 · derivative.expiration_date: Not applicable

SEC source: 0001106637-21-000001 · primary_doc.xml · nonDerivative · entry 1

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,635,282

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

F2 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) no shares of Class A common stock, the sales reported herein represented a complete disposition of his Class A holdings, (2) 851,536 shares of Class B common stock held by the Hughes Revocable Trust; (3) 247,366 shares of Class C common stock held by the Hughes Revocable Trust U/A/D; (4) 1,124,560 shares of Class C common stock held by the Dynastic Trust U/A/D; (5) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (6) 584,179 shares of Class D common stock held by Catherine Hughes; (7) 1,015,937 shares of Class D common stock held by the Hughes Revocable Trust; (8) 494,732 shares of Class D common stock held by the Hughes Revocable Trust U/A/D; (cont.)

F3 · balance_after: (9) 1,749,464 shares of Class D common stock held by the Hughes Revocable Trust UA; (10) 520,404 shares of Class D common stock held by the Dynastic Trust U/A/D; and (11) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Ms. Hughes' ownership is included in our most recent proxy filed April 29, 2020.

F4 · balance_after: This total does not include options to purchase 878,744 shares of Class D common stock held by Ms. Hughes. Ms. Hughes holds options for 293,000 Class D shares with an exercise price of $2.75 per share, options for 199,836 Class D shares with an exercise price of $1.90 per share, options for 210,937 Class D shares with an exercise price of $1.80 per share, and options for 174,971 Class D shares with an exercise price of $2.17 per share.

SEC source: 0001221506-21-000001 · primary_doc.xml · derivative · entry 3

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 316,406

Underlying: Class D Common Stock · 316,406 shares

Expires 2030-06-05

SEC source: 0001221506-21-000001 · primary_doc.xml · derivative · entry 2

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class D Common Stock · 512,536 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: Represents a grant of restricted stock units under the Urban One, Inc. 2019 Equity and Other Incentive Plan. On June 12, 2019, the Compensation Committee granted Mr. Liggins 711,914 restricted shares of Class D Common Stock and stock options to purchase 316,406 shares of Class D Common Stock. The grants were effective June 5, 2020 and vested on January 6, 2021. On the vesting date, 199,378 shares were withheld to cover income taxes attributable to the vesting.

F6 · derivative.expiration_date: Not applicable

SEC source: 0001221506-21-000001 · primary_doc.xml · nonDerivative · entry 1

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,675,294

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

F2 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (2) 605,313 shares of Class C common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (3) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (4) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (5) 3,325,207 shares of Class D common stock held by Alfred C. Liggins; (6) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust; (7) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (8) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (cont.)

F3 · balance_after: (9) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (10) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information about Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

F4 · balance_after: This total excludes the number of stock options held. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

SEC source: 0000921895-21-000167 · form410608001_01262021.xml · nonDerivative · entry 5

SEMLER ERIC · CIK 0001162095 · 10% owner

TCS CAPITAL MANAGEMENT LLC · CIK 0001167167 · 10% owner

TCS Capital Advisors, LLC · CIK 0001842555 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By TCS Capital Advisors, LLC

Disclosed balance after: 2,081,932

F1 · security: This Form 4 is filed jointly by TCS Capital Management, LLC ("TCS Management"), TCS Capital Advisors, LLC ("TCS Advisors") and Eric Semler (collectively, the "Reporting Persons").

F2 · security: Each Reporting Person may be deemed to be a member of a "group" that owns more than 10% of the Issuer's outstanding shares of Class A Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Securities held directly by TCS Advisors. TCS Management, as the investment advisor of TCS Advisors, may be deemed to beneficially own the securities held directly by TCS Advisors. Mr. Semler, as the managing member of TCS Management, may be deemed to beneficially own the securities held directly by TCS Advisors.

SEC source: 0000921895-21-000167 · form410608001_01262021.xml · nonDerivative · entry 1

SEMLER ERIC · CIK 0001162095 · 10% owner

TCS CAPITAL MANAGEMENT LLC · CIK 0001167167 · 10% owner

TCS Capital Advisors, LLC · CIK 0001842555 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By TCS Capital Advisors, LLC

Disclosed balance after: 508,639

F1 · security: This Form 4 is filed jointly by TCS Capital Management, LLC ("TCS Management"), TCS Capital Advisors, LLC ("TCS Advisors") and Eric Semler (collectively, the "Reporting Persons").

F2 · security: Each Reporting Person may be deemed to be a member of a "group" that owns more than 10% of the Issuer's outstanding shares of Class A Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: Securities held directly by TCS Advisors. TCS Management, as the investment advisor of TCS Advisors, may be deemed to beneficially own the securities held directly by TCS Advisors. Mr. Semler, as the managing member of TCS Management, may be deemed to beneficially own the securities held directly by TCS Advisors.

SEC source: 0001221506-20-000007 · primary_doc.xml · nonDerivative · entry 3

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,162,758

F3 · price: The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $1.25 to $1.39, inclusive. 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.

F4 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (2) 605,313 shares of Class C common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (3) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (4) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (5) 2,812,671 shares of Class D common stock held by Alfred C. Liggins; (6) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust; (7) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (8) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (cont.)

F5 · balance_after: (9) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (10) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

F6 · balance_after: This total excludes the number of stock options held. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

SEC source: 0001221506-20-000007 · primary_doc.xml · nonDerivative · entry 2

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,980,387

F2 · price: The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $1.21 to $1.31, inclusive. 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.

SEC source: 0001221506-20-000007 · primary_doc.xml · nonDerivative · entry 1

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,693,156

F1 · price: The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $1.16 to $1.24, inclusive. 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.

SEC source: 0001221506-20-000006 · primary_doc.xml · nonDerivative · entry 1

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,443,615

F1 · date: This Amended Form 4 is to correct the signatory of the Reporting Person.

F2 · price: The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $1.00 to $1.05, inclusive. 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.

F3 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (2) 605,313 shares of Class C common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (3) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (4) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (5) 2,093,528 shares of Class D common stock held by Alfred C. Liggins; (6) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust; (7) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (8) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (cont.)

F4 · balance_after: (9) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (10) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

F5 · balance_after: This total excludes the number of stock options held. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

SEC source: 0001221506-20-000005 · primary_doc.xml · nonDerivative · entry 1

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,443,615

F1 · price: The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $1.00 to $1.05, inclusive. 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.

F2 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (2) 605,313 shares of Class C common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (3) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (4) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (5) 2,093,528 shares of Class D common stock held by Alfred C. Liggins; (6) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust; (7) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (8) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (cont.)

F3 · balance_after: (9) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (10) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

F4 · balance_after: This total excludes the number of stock options held. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 20, 2020.

SEC source: 0001870822-21-000002 · primary_doc.xml · nonDerivative · entry 3

Simpson Kristopher · CIK 0001870822 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,000

SEC source: 0001870822-21-000002 · primary_doc.xml · nonDerivative · entry 2

Simpson Kristopher · CIK 0001870822 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,805

SEC source: 0001221506-21-000002 · primary_doc.xml · nonDerivative · entry 1

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,668,324

F1 · price: This is a filing to disclose a transaction involving a bona fide gift of securities by the reporting person. Price is not applicable to dispositions resulting from bona fide gifts.

F2 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (2) 605,313 shares of Class C common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (3) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (4) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (5) 3,318,237 shares of Class D common stock held by Alfred C. Liggins; (6) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust; (7) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (8) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (cont.)

F3 · balance_after: (9) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (10) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 30, 2021.

F4 · balance_after: This total excludes the number of stock options held. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 30, 2021

SEC source: 0001208931-20-000004 · primary_doc.xml · nonDerivative · entry 12

MCNEILL BRIAN W · CIK 0001208931 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 358,275

F3 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of 358,275 shares of Urban One, Inc. common stock as follows: (1) after the transaction reported hereunder Mr. McNeill owns no shares of Class A common stock; and (2) 358,275 shares of Class D common stock. This number does not include options. After the transactions hereunder, Mr. McNeill holds no further options.

SEC source: 0001208931-20-000004 · primary_doc.xml · nonDerivative · entry 11

MCNEILL BRIAN W · CIK 0001208931 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 405,275

SEC source: 0001106637-20-000004 · primary_doc.xml · nonDerivative · entry 6

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,444,662

F6 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) no shares of Class A common stock, the sales reported herein represented a complete disposition of his Class A holdings, (2) 851,536 shares of Class B common stock held by the Hughes Revocable Trust; (3) 247,366 shares of Class C common stock held by the Hughes Revocable Trust U/A/D; (4) 1,124,560 shares of Class C common stock held by the Dynastic Trust U/A/D; (5) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (6) 940,754 shares of Class D common stock held by Catherine Hughes; (7) 1,015,937 shares of Class D common stock held by the Hughes Revocable Trust; (8) 494,732 shares of Class D common stock held by the Hughes Revocable Trust U/A/D; (9) 1,749,464 shares of Class D common stock held by the Hughes Revocable Trust UA;

F7 · balance_after: CONTINUED (10) 520,404 shares of Class D common stock held by the Dynastic Trust U/A/D; and (11) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Ms. Hughes' ownership is included in our most recent proxy filed April 29, 2020.

F8 · balance_after: This total does not include options to purchase 878,744 shares of Class D common stock held by Ms. Hughes. Mr. Hughes holds options for 293,000 Class D shares with an exercise price of $2.75 per share, options for 199,836 Class D shares with an exercise price of $1.90 per share, options for 210,937 Class D shares with an exercise price of $1.80 per share, and options for 174,971 Class D shares with an exercise price of $2.17 per share.

SEC source: 0001106637-20-000004 · primary_doc.xml · nonDerivative · entry 5

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,445,662

F5 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.00 to $3.34, inclusive. 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.

SEC source: 0001208931-20-000004 · primary_doc.xml · nonDerivative · entry 10

MCNEILL BRIAN W · CIK 0001208931 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 452,610

SEC source: 0001106637-20-000004 · primary_doc.xml · nonDerivative · entry 4

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,714,544

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.00 to $3.45, inclusive. 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.

SEC source: 0001221506-20-000004 · primary_doc.xml · nonDerivative · entry 4

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,169,158

F4 · price: As previously reported on our Form 8-K filed June 22, 2020. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.23 to $24.20, inclusive. 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.

F5 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. After giving effect to the reported transactions, the reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) no shares of Class A common stock, the sales reported herein represented a complete disposition of his Class A holdings (2) 2,010,307 shares of Class B common stock held by the Alfred C. Liggins Revocable Trust; (3) 605,313 shares of Class C common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (4) 920,456 shares of Class C common stock held by the Dynastic Trust U/A/D; (5) 15,605 shares of Class C common stock held by the Hughes-Liggins Co., LLC; (6) 1,819,071 shares of Class D common stock held by Alfred C. Liggins; (7) 3,896,734 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust;

F6 · balance_after: CONTINUED (8) 3,012,237 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust U/A/D; (9) 1,519,128 shares of Class D common stock held by the Alfred C. Liggins Revocable Trust UA; (10) 338,808 shares of Class D common stock held by the Dynastic Trust U/A/D; and (11) 31,499 shares of Class D common stock held by the Hughes-Liggins Co., LLC. More information on Mr. Liggins' ownership is included in our most recent proxy filed on April 29, 2020.

F7 · balance_after: This total does not include options to purchase 1,563,240 shares of Class D common stock held by Mr. Liggins. Mr. Liggins holds options for 587,000 Class D shares with an exercise price of $2.75 per share, options for 333,059 Class D shares with an exercise price of $1.90 per share, options for 351, 562 Class D shares with an exercise price of $1.80 per share, and options for 291, 619 Class D shares with an exercise price of $2.17 per share.

SEC source: 0001221506-20-000004 · primary_doc.xml · nonDerivative · entry 3

LIGGINS ALFRED C · CIK 0001221506 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,727,467

F3 · price: As previously reported on our Form 8-K filed June 22, 2020. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $26.11 to $26.99, inclusive. 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.

SEC source: 0001437482-20-000003 · primary_doc.xml · derivative · entry 12

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,779

Underlying: Class D Common Stock · 24,779 shares

Expires 2028-01-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001437482-20-000003 · primary_doc.xml · derivative · entry 11

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,319

Underlying: Class D Common Stock · 40,319 shares

Expires 2028-01-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001437482-20-000003 · primary_doc.xml · nonDerivative · entry 8

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,911

F1 · price: All transactions s previously reported on our Form 8-K filed June 17, 2020.

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.25 to $3.45, inclusive. 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.

F5 · balance_after: This total does not include options to purchase 284,527 shares of Class D common stock options held by Mr. Thompson. Mr. Thompson holds options for 225,000 Class D shares with an exercise price of $2.75 per share and options for 99,846 Class D shares with an exercise price of $2.17 per share.

SEC source: 0001437482-20-000003 · primary_doc.xml · nonDerivative · entry 7

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,009

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: All transactions s previously reported on our Form 8-K filed June 17, 2020.

SEC source: 0001437482-20-000003 · primary_doc.xml · nonDerivative · entry 6

Thompson Peter · CIK 0001437482 · CFO/EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75,230

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: All transactions s previously reported on our Form 8-K filed June 17, 2020.

SEC source: 0001208931-20-000004 · primary_doc.xml · nonDerivative · entry 9

MCNEILL BRIAN W · CIK 0001208931 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 652,610

F2 · price: Transactions previously reported on our Form 8-K filed June 17, 2020. The price reported in Column 4 is a weighted average price. 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.

SEC source: 0001208931-20-000004 · primary_doc.xml · nonDerivative · entry 8

MCNEILL BRIAN W · CIK 0001208931 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 679,044

F2 · price: Transactions previously reported on our Form 8-K filed June 17, 2020. The price reported in Column 4 is a weighted average price. 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.

SEC source: 0001162953-20-000004 · primary_doc.xml · nonDerivative · entry 3

ARMSTRONG D GEOFFREY · CIK 0001162953 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 245,150

F2 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of 245, 150 shares of Urban One, Inc. common stock as follows: (1) 10,000 shares of Class A common stock; and (2) 235,150 shares of Class D common stock.

F3 · balance_after: This total does not include options to purchase 66,424 shares of Class D common stock held by Mr. Armstrong. Mr. Armstrong holds options for 22,935 Class D shares with an exercise price of $1.09 per share, options for 13,369 Class D shares with an exercise price of $1.87 per share, and options for 30,120 Class D shares with an exercise price of $0.83 per share.

F4 · balance_after: Transactions previously reported on our Form 8-K filed June 17, 2020.

SEC source: 0001162953-20-000004 · primary_doc.xml · nonDerivative · entry 2

ARMSTRONG D GEOFFREY · CIK 0001162953 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 320,150

F1 · price: Represents vesting of a grant of restricted stock units pursuant to our director compensation policy, our non-employee directors each receive $50,000 of restricted stock units which vest over a two-year period. The number of shares was determined by dividing the closing price of our Class D common stock on the date of the applicable annual meeting into $50,000.

SEC source: 0001156180-20-000004 · primary_doc.xml · nonDerivative · entry 3

JONES TERRY L · CIK 0001156180 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 415,962

F2 · balance_after: The total represents all shares held by the reporting person across all classes of Urban One, Inc. stock, Classes A, B, C, and D. The reporting person beneficially owns a total of Urban One, Inc. stock as follows: (1) no shares of Class A common stock, the sales reported herein represented a complete disposition of Class A holdings; and (2) 415,962 shares of Class D common stock.

F3 · balance_after: This total does not include options to purchase 66,424 shares of Class D common stock held by Mr. Jones. Mr. Jones holds options for 22,935 Class D shares with an exercise price of $1.09 per share, options for 13,369 Class D shares with an exercise price of $1.87 per share, and options for 30,120 Class D shares with an exercise price of $0.83 per share.

F4 · balance_after: Transactions previously reported on our Form 8-K filed June 17, 2020.

SEC source: 0001156180-20-000004 · primary_doc.xml · nonDerivative · entry 2

JONES TERRY L · CIK 0001156180 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 465,519

F1 · price: Represents vesting a grant of restricted stock units pursuant to our director compensation policy, our non-employee directors each receive $50,000 of restricted stock units which vest over a two-year period. The number of shares was determined by dividing the closing price of our Class D common stock on the date of the applicable annual meeting into $50,000.

SEC source: 0001106637-20-000004 · primary_doc.xml · nonDerivative · entry 3

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,123,075

F3 · price: As previously reported on our Form 8-K filed June 22, 2020. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.32 to $5.16, inclusive. 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.

SEC source: 0001106637-20-000004 · primary_doc.xml · nonDerivative · entry 2

HUGHES CATHERINE L · CIK 0001106637 · Director · Chairperson and Secretary · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,200,171

F2 · price: As previously reported on our Form 8-K filed June 22, 2020. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.325 to $4.315, inclusive. 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.

SEC source: 0001175204-20-000004 · primary_doc.xml · derivative · entry 14

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,774

Underlying: Class D Common Stock · 86,774 shares

Expires 2027-07-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001175204-20-000004 · primary_doc.xml · derivative · entry 13

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Class D Common Stock · 50,000 shares

Expires 2027-08-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001175204-20-000004 · primary_doc.xml · derivative · entry 12

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,019

Underlying: Class D Common Stock · 49,019 shares

Expires 2025-11-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001175204-20-000004 · primary_doc.xml · derivative · entry 11

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 250,981

Underlying: Class D Common Stock · 250,981 shares

Expires 2025-11-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001175204-20-000004 · primary_doc.xml · nonDerivative · entry 10

KANTOR DAVID M · CIK 0001175204 · CEO, Radio Division

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · price: All transactions previously reported on our Form 8-K filed June 17, 2020.