Nicolas Young - Aug 2, 2021 Form 3 Insider Report for Newtek Business Services Corp. (NEWTL)

Role: Chief Risk Officer
Signature: Nicolas Young
Stock symbol: NEWTL
Transactions as of: Aug 2, 2021
Transactions value $: $0
Form type: 3
Date filed: 8/17/2021, 09:28 AM
Next filing: Jan 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NEWTL	Common Stock						17.2K	Aug 2, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 2, under the Shareholder and Board approved Newtek Business Services Corp. 2015 Stock Incentive Plan, the reporting person was granted 17,197 restricted shares of the Issuer's common stock as a restricted stock award. One-third of the Award will vest on each of the following dates: August 2, 2022; August 2, 2023 and August 2, 2024. Dividends, in the form of common stock, will be paid during the restricted period, and such common stock will also vet pursuant to the vesting schedule.

Content

On August 2, under the Shareholder and Board approved Newtek Business Services Corp. 2015 Stock Incentive Plan, the reporting person was granted 17,197 restricted shares of the Issuer's common stock as a restricted stock award. One-third of the Award will vest on each of the following dates: August 2, 2022; August 2, 2023 and August 2, 2024. Dividends, in the form of common stock, will be paid during the restricted period, and such common stock will also vet pursuant to the vesting schedule.