Gosin Barry M 4
4 · NEWMARK GROUP, INC. · Filed Jun 30, 2021
Insider Transaction Report
Form 4
Gosin Barry M
Chief Executive Officer
Transactions
- Exercise/Conversion
Newmark Holdings Exchangeable Limited Partnership Units
2021-06-28−1,531,061→ 618,572 total→ Class A common stock, par value $0.01 per share - Award
Class A common stock, par value $0.01 per share
2021-06-28+12,500→ 4,223,820 total - Exercise/Conversion
Class A common stock, par value $0.01 per share
2021-06-28+1,439,658→ 4,211,320 total - Tax Payment
Class A common stock, par value $0.01 per share
2021-06-28−670,933→ 3,552,887 total
Footnotes (3)
- [F1]On June 28, 2021, 1,531,061 exchangeable limited partnership units of Newmark Holdings, L.P. ("Holdings Units") held by the reporting person were exchanged into 1,439,658 shares of Newmark Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Class A Common Stock"), at the current exchange ratio of 0.9403 shares of Class A Common Stock per Holdings Unit. Exchangeable Holdings Units are exchangeable by the holder at any time into shares of Class A Common Stock at the then-current exchange ratio.
- [F2]On June 28, 2021, the Company granted to the reporting person 12,500 shares of Class A Common Stock. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F3]In connection with the transactions described above, 670,933 shares of Class A Common Stock were withheld to pay taxes on the transactions described above.