Rispoli Michael J. 4
4 · NEWMARK GROUP, INC. · Filed Oct 17, 2023
Insider Transaction Report
Form 4
Rispoli Michael J.
Chief Financial Officer
Transactions
- Award
Newmark Holdings Exchangeable Partnership Units
2023-10-13+6,563→ 27,220 total→ Class A common stock, par value $0.01 per share
Footnotes (1)
- [F1]Consists of a grant of 6,563 exchange rights with respect to 6,563 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 20,657 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.