4//SEC Filing
Rispoli Michael J. 4
Accession 0001437749-22-023494
CIK 0001690680other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 5:18 PM ET
Size
8.4 KB
Accession
0001437749-22-023494
Insider Transaction Report
Form 4
Rispoli Michael J.
Chief Financial Officer
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2022-09-29+750,000→ 775,926 total - Award
Newmark Holdings Exchangeable Partnership Units
2022-09-29+20,221→ 20,657 total→ Class A Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]Consists of 500,000 shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), of Newmark Group, Inc. (the "Company") represented by 500,000 of the Company's restricted stock units ("RSUs") granted in connection with the execution of an employment agreement, divided into tranches of 100,000 RSUs each that vest on a seven-year schedule. 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 (the "Exchange Act").
- [F2]Also consists of 250,000 shares of Class A Common Stock represented by 250,000 RSUs granted in connection with the execution of an employment agreement, divided in tranches of 50,000 RSUs each that vest on a seven-year schedule. 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 Exchange Act.
- [F3]Consists of a grant of 20,221 exchange rights with respect to 20,221 previously awarded units ("Holdings Units") of Newmark Holdings, L.P. that were previously non-exchangeable. The total number of exchangeable Holdings Units held by the reporting person also includes 436 exchangeable Holdings Units held by the reporting person prior to such grant. Exchangeable Holdings Units are exchangeable by the holder at any time into shares of Class A Common Stock at the then-current exchange ratio. 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 Exchange Act.
Documents
Issuer
NEWMARK GROUP, INC.
CIK 0001690680
Entity typeother
Related Parties
1- filerCIK 0001446936
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 5:18 PM ET
- Size
- 8.4 KB