4//SEC Filing
Rispoli Michael J. 4
Accession 0001437749-24-008104
CIK 0001690680other
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 4:17 PM ET
Size
6.5 KB
Accession
0001437749-24-008104
Insider Transaction Report
Form 4
Rispoli Michael J.
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.01 per share
2024-03-15$10.57/sh−9,980$105,489→ 758,650 total
Footnotes (5)
- [F1]On September 29, 2022, in connection with the execution of an employment agreement (the "2022 Employment Agreement"), the reporting person received a grant of restricted stock units ("RSUs") which each represent a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of Newmark Group, Inc. (the "Company" ) granted under the Company's Long Term Incentive Plan. The grant, which was previously reported, 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, as amended (the "Exchange Act").
- [F2](This footnote is a continuation of the prior footnote.) On March 15, 2024, pursuant to the vesting schedule of the RSUs granted under the 2022 Employment Agreement, 21,438 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the surrender to the Company of 9,980 shares of Class A Common Stock withheld for taxes. The remaining 11,458 shares of Class A Common Stock were issued to the reporting person.
- [F3]Consists of 471,420 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided into tranches of 100,000 RSUs each that vest on a seven-year schedule.
- [F4]Also consists of 242,852 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided in tranches of 50,000 RSUs each that vest on a seven-year schedule.
- [F5]Also consists of 44,378 shares of Class A Common Stock of the Company held directly.
Documents
Issuer
NEWMARK GROUP, INC.
CIK 0001690680
Entity typeother
Related Parties
1- filerCIK 0001446936
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 4:17 PM ET
- Size
- 6.5 KB