Peter Downs - Aug 4, 2022 Form 4 Insider Report for Newtek Business Services Corp. (NEWTL)

Role: Chief Lending Officer, Director
Signature: Peter Downs
Stock symbol: NEWTL
Transactions as of: Aug 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/5/2022, 11:44 AM
Previous filing: Jan 10, 2022
Next filing: Jan 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEWTL	Common Stock	Award	$0	+17.7K	+37.6%	$0.00	64.6K	Aug 4, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On August 4, 2022, under the Shareholder and Board approved Newtek Business Services Corp. 2015 Stock Incentive Plan, the reporting person was granted 17,655 restricted shares of the Issuer's common stock as a restricted stock award with a three (3) year cliff vest. Dividends in the form of common stock will be paid during the restricted period, and such common stock will also vest pursuant to the vesting schedule.

Content

On August 4, 2022, under the Shareholder and Board approved Newtek Business Services Corp. 2015 Stock Incentive Plan, the reporting person was granted 17,655 restricted shares of the Issuer's common stock as a restricted stock award with a three (3) year cliff vest. Dividends in the form of common stock will be paid during the restricted period, and such common stock will also vest pursuant to the vesting schedule.