Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NEWTL | Common Stock | Award | $0 | +61.7K | +5.96% | $0.00 | 1.1M | Dec 29, 2022 | Direct | F1 |
Id | Content |
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F1 | On December 29, 2022, under the Shareholder and Board approved Newtek Business Services Corp. 2015 Stock Incentive Plan, the reporting person was granted 61,652 restricted shares of the Issuer's common stock as a restricted stock award with 100% of the shares vesting after 36 months. 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. |