Barry Sloane - Dec 29, 2022 Form 4 Insider Report for Newtek Business Services Corp. (NEWTL)

Signature
Barry Sloane
Stock symbol
NEWTL
Transactions as of
Dec 29, 2022
Transactions value $
$0
Form type
4
Date filed
12/29/2022, 11:08 AM
Previous filing
Aug 5, 2022
Next filing
Jan 30, 2023

Transactions Table

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

Explanation of Responses:

Id Content
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.